National Insurance Board

The National Insurance Board (NIB) is a government agency responsible for managing social insurance programs in certain countries, particularly in the Caribbean, like The Bahamas. It collects contributions from employees and employers to fund benefits such as pensions, healthcare, maternity leave, and unemployment assistance. The NIB aims to provide financial support to citizens during times of need, ensuring that individuals have access to necessary resources and services, thereby promoting social welfare and economic stability within the community.