Bahamas - Obtain Lay-off Certificate or Termination of Service from National Insurance Board (Employer)

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Procedure

Apply In-Person:

1. To Obtain Lay-off Certificate or Termination of Service, the Employer has to visit any nearest office of the National Insurance Board (NIB) in his/her state of residence. The address and contact details of branch offices across the country can be found in the following link address details
2. Visit the office and get an application form for Lay-off Certificate (Form B80) from the relevant officer.
3. Or the employer may also download the form from the official website of the NIB Link to Download Form B80
4. Fill the application form with appropriate information under relevant sections.
5. In order for the NIB to determine the correct rate of benefit, you need to provide the total insurable wages on which contributions have been paid or are due to be paid in respect of the time spent in your employ by the terminated employee within the last 12 months in the “Period of Employment” section.
6. Give the terminated employee, the fully completed Termination of Services/Lay-off Certificate, on the day that his/her services are terminated.
7. And finally, send a copy of the certificate to the Director of National Insurance within a week of the date of the employee’s termination.

Apply Online:

1. To Obtain Lay-off Certificate or Termination of Service, the Employer has to download the form from the official website of the NIB Link to Download Form B80
2. Fill the application form with appropriate information under relevant sections.
3. In order for the NIB to determine the correct rate of benefit, you need to provide the total insurable wages on which contributions have been paid or are due to be paid in respect of the time spent in your employ by the terminated employee within the last 12 months in the “Period of Employment” section.
4. Give the terminated employee, the fully completed Termination of Services/Lay-off Certificate, on the day that his/her services are terminated.
5. And finally, mail a copy of the certificate to the Director of National Insurance within a week of the date of the employee’s termination.

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Required Documents

• Completed form B80 – Link to Download Form

Office Locations & Contacts

THE NATIONAL INSURANCE BOARD
Of the Common Wealth of Bahamas
Clifford Darling Complex
P.O. Box N 7508Baillou Hill Road,
Jumbey VillageNassau,
Bahamas
502.1654 TEL
Website: Link
Contact: Link

Eligibility

Businesses (employers) can apply.

Fees

No fee is required.

Validity

Explain the time until which the certificate/document is valid.
e.g. Birth Certificate Valid Forever

Documents to Use

Layoff Certificate: Link to Download Form B80

Sample Documents

Please attach sample completed documents that would help other people.

Processing Time

Must be completed within a week.

Related Videos

Videos explaining the procedure or to fill the applications.
Attach videos using the following tag <&video type='website'>video ID|width|height<&/video&> from external websites.
Please remove the '&' inside the tags during implementation.
Website = allocine, blip, dailymotion, facebook, gametrailers, googlevideo, html5, metacafe, myspace, revver,
sevenload, viddler, vimeo, youku, youtube
width = 560, height = 340, Video ID = Can be obtained from the URL of webpage where the video is displayed.
e.g In the following url 'http://www.youtube.com/watch?v=Y0US7oR_t3M' Video ID is 'Y0US7oR_t3M'.

Instructions

Please provide other instructions related to the certificate/documents.
e.g. The state office holds birth records since january 1908.

Required Information

• Name
• N. I. Number
• Employee No.
• Employer No.
• Last day for which he/she was paid
• Reason for termination/layoff
• Date of re-employment (if known)
• Total Insurable wage/Income
• Contributions Due
• Signature
• Position
• Date
• Stamp

Need for the Document

If an employer doesn’t comply with this requirement, they’re guilty of an offence and liable to face penalties.

Information which might help

According to Regulation 47 (5) of the NIS Benefit Regulations, an employer who contravenes or fails to comply with the requirements of this regulation (provision of the termination certificate) is guilty of an offence and is liable on summary conviction to a fine of $1,000 or, where the offence consists of continuing the contravention or the failure after conviction thereof, $1,000 together with a further $200 for each day on which the offence is continued.

Other uses of the Document/Certificate

Please explain what are other uses of obtaining this document/certificate.
e.g. Birth Certificate can be used as proof of identity.

External Links

Link

Others

Click on the following link for more information: Link