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NIB staff vote to strike over unresolved issues

NATIONAL Insurance Board line staff voted to strike during a poll yesterday, according to Nadia Vanderpool, president of the Union of Public Officers.

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$64K NIB SALARY AS MUCH AS AUDITOR’S: IDB says ‘bloated’ cost structure highlighted 
by average income

National Insurance Board (NIB) employees enjoy an average $64,000 income that nearly matches the earnings of the Government’s top financial watchdog due to a bloated cost structure, a study has revealed.

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Call to digitise NIB and raise age of retirement

THE National Insurance Board (NIB) must be digitised and the age of retirement raised to save the fund from collapse, a top insurance executive has warned.

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NIB fund hit for $190m by COVID

A $190m deficit blow-out triggered by COVID-19 resulted in the National Insurance Board’s reserves slumping to $1.54bn at year-end 2020, it can be revealed.

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