The NIS has a special offer on Mortgage Loans during the period October 2014 - January 2015
For more information contact us on 440-3309
Attractive Spaces Available for Rent:
New NIS Buildings 11 Spaces Available - 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
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.
Staff at the NIS spent the day assisting at the Victoria School for Special Education on March 31st as part of the NIS 31st Anniversary Celebrations.
On Friday April 4th the NIS held an Open House-Customer Appreciation Day. Many contributors used the opportunity to check the status of their contributions!
The NIS did its part in the nationwide clean-up campaign on Saturday 1st February, 2014. Members of management and staff engaged in a grand clean-up of the Kirani James Boulevard.
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.