Some of the staff of the NIS spent the day assisting at the St. Andrew's School for Special Education on April 7th as part of the NIS 33rd Anniversary Celebrations.
Attractive Spaces Available for Rent:
New NIS Complex - Ranging from: 353 sq. ft. to 3,022 sq. ft.
Current NIS Office Building: 3 Floors - up to 9000 sq. ft. per floor
For further Information Contact: NIS Investment Department 440-3309
The NIS Offers Mortgage Loans!
The NIS offers affordable Mortgage Loans at fixed, low-interest rates.
Mortgage Loans are offered to persons who are interested in:
• Building their home
• Refinancing existing debt including a mortgage loan
• Purchasing their own property (house or land)
• Repairing or remodeling an existing home
The NIS wishes to inform the public that the Drop-off box is now located on the ground floor of the new NIS office close to the main entrance.
Persons wishing to drop off cheques or communicate with the NIS in writing can continue to take advantage of this drop off facility at any time day or night.
Please note that the drop-off box located in the former NIS office is no longer operational.
Prayer of blessing by Rev. Stephenson Worme
Cultural performance by the NIS Choir!
Hon. Nicholas Steele - Minister of Health & Social Security - Unveiling commemorative plaque
Ceremonial cutting of the ribbon by Mr. Stanley Roberts - former member of the National Insurance Board
On Saturday August 30th, the NIS held its Annual Scholarship Retreat for 39 scholarship holders. 8 new students were added to the program this year and 7 students have graduated after completing their CXC examinations. Over the last 19 years NIS has assisted just under 200 students through this program.
A Computer and printer were donated to the St. Ann’s Infant School, Rose Hill St. Patrick. The presentation was made on January 17th, 2014. The principal and three of the students expressed their appreciation to the NIS on behalf of the school for consenting to their request. The principal stated that their current computer and printer was out of commission for some time, hence the donation was a great need.
The National Insurance (Collection of Contribution) Regulation was amended on October 29, 2010 (SRO 23 of 2010) resulting in increases in the ceiling on which National Insurance contributions are payable effective November 1, 2010, January 1, 2012 and January 1, 2014.
Effective January 1, 2014, the ceiling on which NIS contributions are payable has increased from $4,250.00 to $5,000.00 for monthly paid employees and from $990.00 to $1,160.00 for weekly paid employees.
The contribution rate remains at 9% of total insurable earnings.
It means therefore that an employee who earns $5,000.00 monthly as of January 1, 2014 will now have to contribute $200.00 and the employer $250.00, making the total National Insurance contribution payable $450.00.
We anticipate your usual co-operation as we continue to work towards improving the benefits that we pay to contributors.
Please do not hesitate to call our Public Relations or Customer Service Department should you need any assistance.