PDM moving to meet with the Commish
Providenciales, 23 Jun 2015 – When the Opposition PDM gets to meet with the Police Commissioner, their focus will center largely on the spate of crime which has shocked and rocked residents. Leader of the Party, Sharlene Robinson in that recent press conference talked about their concerns.
“The challenges that they face, you would remember that the Hon Goldray Ewing brought a private member’s motion to the House of Assembly looking at biometrics, using finger printing and CCTV and other tools to assist the police. We’ve made a case for that over and over and the government did vote in support of the motion but nothing has happened, the resources have not been put in place. We still believe that these are tools that the police can benefit from but we also want to hear the other challenges that they face that we may not be aware of and to make representation to them with regards to the importance of putting in place neighborhood watch committees because we see an increase – a lot of persons are not aware still – but there is an increase in home invasions and robberies.”
Hon Robinson added, “We have a new kind of criminal today. Before it used to be the person who would try to come in when you are not at home but now we have the person who comes in anticipating a possible encounter. We want to be on our guard, we want to become our brothers and sisters keepers and then again we want to speak to them about how we can help as community and national leaders. And this is something we would continue to do; continue periodically to meet with the Commissioner of Police to see how best we can assist.”
This week, the TC Weekly News is fishing for comments on the Father’s Day murder and other crimes and acts of violence in the country in recent months.
Three Days to NIB Rate Increase for 2023
By Dana Malcolm
#TurksandCaicos, March 29, 2023 – On April 1st, the second round of increases on contributions at the National Insurance Board will kick in for the Turks and Caicos workforce. Announced last year, the increases were instituted to keep the NIB from running out of money by 2027 as it services a population that is living longer with contributions that had not been increased in 30 years.
As the Government’s new financial year begins, increases at NIB will mean a higher cost for doing business and a higher cost for running the Government.
The private sector is expected to pay contributions at a rate of 11 percent on your taxable income. The hike is up from last year’s 10 per cent; six percent of which is to be paid by the Employer and five percent is to be paid by the Employee. For wages of $2000, this will mean a $200 improvement in income per month to the NIB. As for the burn on residents’ pockets, based on a minimum wage of $1200 monthly salary, that’s at least $60 dollars a month and $720 per year.
Public sector rates will move to 10.15 percent up from 9.15 per cent with the worker paying 4.575 per cent and the Government paying 5.575 per cent; that’s $54 a month and $648 a year at minimum wage.
The NIB rate as of April 1, 2023, will jump to 9 percent for self-employed individuals; For self-employed individuals at minimum wage, that is $108 dollars a month or $1296 per year.
As taxable incomes increase so will the contribution.
The increases follow a 2019 Actuarial review, undertaken every three years, which unearthed that the NIB was facing a dismal future, possible collapse. Contribution rates were growing at a rate much slower than NIB expenses, which included beneficiary payouts. On that trajectory, the NIB’s earnings would be eclipsed by its income by 2027, forcing the worker protection plan to draw down on money saved for economic shocks like Covid-19.
Unsurprisingly, this was deemed untenable, and an immediate increase was recommended.
Despite this scramble to boost earnings, the NIB has simultaneously increased payouts. Payouts for pensions, funeral grants, maternity grants and more will all attract bigger sums.
These incremental increases on contributions and payouts were all consultant recommendations, informed statements from the Board.
Work of NAECOB critical in ensuring high standards in education, says Minister Hanna-Martin
Bahamas Golden Jubilee Events Announced, Celebrations Across 33 Islands & Cays
#TheBahamas, March 27, 2023 – As the 50th anniversary of our nation’s independence approaches, Bahamians everywhere are teeming with excitement and expectancy around the year-long celebrations set by The National Independence Secretariat.
Yesterday, the Prime Minister joined H.E Leslia Miller Brice, Chair of The National Independence Secretariat to unveil the Calendar of Events for the 50th Independence celebrations.
The calendar comprises a host of events, initiatives and recommendations for celebrations throughout all 33 islands of The Bahamas.
At this jubilant occasion the PM stated, “Celebrating independence is about acknowledging the greatness around us, the greatness within us, and the greatness ahead of us.
We are Bahamians. That identity is special.”
View the newly released calendar of events here:
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