252 lines
No EOL
30 KiB
HTML
252 lines
No EOL
30 KiB
HTML
<!doctype html>
|
|
<html lang="en" class="no-js">
|
|
<head>
|
|
<meta charset="UTF-8" />
|
|
<meta http-equiv="X-UA-Compatible" content="IE=edge,chrome=1" />
|
|
<meta name="viewport" content="width=device-width, initial-scale=1" />
|
|
<meta name="robots" content="noindex">
|
|
<title>Social Security Programs Throughout the World: The Americas, 2015 - Bahamas</title>
|
|
<meta name="DCTERMS:dateCreated" content="2016-03" />
|
|
<meta name="DCTERMS:contentOffice" content="ORDP:ORES" />
|
|
<meta name="DCTERMS:contentOwner" content="publications@ssa.gov" />
|
|
<meta name="DCTERMS:coderOffice" content="ORDP:ORES:OD" />
|
|
<meta name="DCTERMS:coder" content="op.webmaster@ssa.gov" />
|
|
<meta name="DCTERMS:dateCertified" content="2025-01-01" />
|
|
<meta name="description" content="Social Security Administration Research, Statistics, and Policy Analysis" />
|
|
<meta property="og:site_name" content="Social Security Administration Research, Statistics, and Policy Analysis"/>
|
|
<link rel="stylesheet" href="/policy/styles/doc.css" />
|
|
<link rel="stylesheet" href="/policy/styles/global.css" />
|
|
<!-- SSA INTERNET HEAD SCRIPTS -->
|
|
<script src="https://code.jquery.com/jquery-3.7.1.min.js" integrity="sha256-/JqT3SQfawRcv/BIHPThkBvs0OEvtFFmqPF/lYI/Cxo=" crossorigin="anonymous"></script>
|
|
<script src="/framework/js/ssa.internet.head.js"></script>
|
|
|
|
<script>(window.BOOMR_mq=window.BOOMR_mq||[]).push(["addVar",{"rua.upush":"false","rua.cpush":"false","rua.upre":"false","rua.cpre":"false","rua.uprl":"false","rua.cprl":"false","rua.cprf":"false","rua.trans":"SJ-3a3bb884-f513-47e3-a86c-84bab05e21dc","rua.cook":"true","rua.ims":"false","rua.ufprl":"false","rua.cfprl":"false","rua.isuxp":"false","rua.texp":"norulematch","rua.ceh":"false","rua.ueh":"false","rua.ieh.st":"0"}]);</script>
|
|
<script>!function(e){var n="https://s.go-mpulse.net/boomerang/";if("False"=="True")e.BOOMR_config=e.BOOMR_config||{},e.BOOMR_config.PageParams=e.BOOMR_config.PageParams||{},e.BOOMR_config.PageParams.pci=!0,n="https://s2.go-mpulse.net/boomerang/";if(window.BOOMR_API_key="LERZW-HECFS-R8H4E-23UQ7-ERMQB",function(){function e(){if(!o){var e=document.createElement("script");e.id="boomr-scr-as",e.src=window.BOOMR.url,e.async=!0,i.parentNode.appendChild(e),o=!0}}function t(e){o=!0;var n,t,a,r,d=document,O=window;if(window.BOOMR.snippetMethod=e?"if":"i",t=function(e,n){var t=d.createElement("script");t.id=n||"boomr-if-as",t.src=window.BOOMR.url,BOOMR_lstart=(new Date).getTime(),e=e||d.body,e.appendChild(t)},!window.addEventListener&&window.attachEvent&&navigator.userAgent.match(/MSIE [67]\./))return window.BOOMR.snippetMethod="s",void t(i.parentNode,"boomr-async");a=document.createElement("IFRAME"),a.src="about:blank",a.title="",a.role="presentation",a.loading="eager",r=(a.frameElement||a).style,r.width=0,r.height=0,r.border=0,r.display="none",i.parentNode.appendChild(a);try{O=a.contentWindow,d=O.document.open()}catch(_){n=document.domain,a.src="javascript:var d=document.open();d.domain='"+n+"';void(0);",O=a.contentWindow,d=O.document.open()}if(n)d._boomrl=function(){this.domain=n,t()},d.write("<bo"+"dy onload='document._boomrl();'>");else if(O._boomrl=function(){t()},O.addEventListener)O.addEventListener("load",O._boomrl,!1);else if(O.attachEvent)O.attachEvent("onload",O._boomrl);d.close()}function a(e){window.BOOMR_onload=e&&e.timeStamp||(new Date).getTime()}if(!window.BOOMR||!window.BOOMR.version&&!window.BOOMR.snippetExecuted){window.BOOMR=window.BOOMR||{},window.BOOMR.snippetStart=(new Date).getTime(),window.BOOMR.snippetExecuted=!0,window.BOOMR.snippetVersion=12,window.BOOMR.url=n+"LERZW-HECFS-R8H4E-23UQ7-ERMQB";var i=document.currentScript||document.getElementsByTagName("script")[0],o=!1,r=document.createElement("link");if(r.relList&&"function"==typeof r.relList.supports&&r.relList.supports("preload")&&"as"in r)window.BOOMR.snippetMethod="p",r.href=window.BOOMR.url,r.rel="preload",r.as="script",r.addEventListener("load",e),r.addEventListener("error",function(){t(!0)}),setTimeout(function(){if(!o)t(!0)},3e3),BOOMR_lstart=(new Date).getTime(),i.parentNode.appendChild(r);else t(!1);if(window.addEventListener)window.addEventListener("load",a,!1);else if(window.attachEvent)window.attachEvent("onload",a)}}(),"".length>0)if(e&&"performance"in e&&e.performance&&"function"==typeof e.performance.setResourceTimingBufferSize)e.performance.setResourceTimingBufferSize();!function(){if(BOOMR=e.BOOMR||{},BOOMR.plugins=BOOMR.plugins||{},!BOOMR.plugins.AK){var n="false"=="true"?1:0,t="cookiepresent",a="eyd7g6aaiaaamjqacqdfqaaaabt3moue-f-8d14d4c7b-clienttons-s.akamaihd.net",i="false"=="true"?2:1,o={"ak.v":"39","ak.cp":"1204614","ak.ai":parseInt("728289",10),"ak.ol":"0","ak.cr":14,"ak.ipv":6,"ak.proto":"h2","ak.rid":"95523b5","ak.r":19138,"ak.a2":n,"ak.m":"dsca","ak.n":"essl","ak.bpcip":"2607:f378:40:6::","ak.cport":40604,"ak.gh":"23.60.168.61","ak.quicv":"","ak.tlsv":"tls1.3","ak.0rtt":"","ak.0rtt.ed":"","ak.csrc":"-","ak.acc":"","ak.t":"1739995780","ak.ak":"hOBiQwZUYzCg5VSAfCLimQ==CBQaT3eHXKlG6zEhZKKLwu2FtdneLwSCt8WSSb6YhkbKQQw5+01iqRx+zoPAsr6wW02kjwJs1VHPohU+BOJ2Kl3PPCVX+g7SznKVYneoAv/+jkgesfbce3ZG27rtaI8L91czsKnW+H2YrNA3erY+fi/c6MuxGAc3VDlpFxTNdTDsbONOUJ4iE+EdqHCEegs3AcCZSdwBjQHaeEhQr2UoxDp7NqFnYD+BqfH9mgiGX7OIpRVWOdtG5EJLL0QCEIcO3lBwn5j6ka+mtNv0WAnrjXHsfUGnP5Z0NGy2gJdZ2hpgKFUFH9tau47IwRCMpYYGxc0hYycxgw0QLUAFJggv4a1/Oun6oRMC8Ugtj+fCO7a9ImuhAyLpn8o/fOVhSfOSWhfinGwKliDcz0r2fU50votlcIEGYWSbmsK9AQUh0rs=","ak.pv":"98","ak.dpoabenc":"","ak.tf":i};if(""!==t)o["ak.ruds"]=t;var r={i:!1,av:function(n){var t="http.initiator";if(n&&(!n[t]||"spa_hard"===n[t]))o["ak.feo"]=void 0!==e.aFeoApplied?1:0,BOOMR.addVar(o)},rv:function(){var e=["ak.bpcip","ak.cport","ak.cr","ak.csrc","ak.gh","ak.ipv","ak.m","ak.n","ak.ol","ak.proto","ak.quicv","ak.tlsv","ak.0rtt","ak.0rtt.ed","ak.r","ak.acc","ak.t","ak.tf"];BOOMR.removeVar(e)}};BOOMR.plugins.AK={akVars:o,akDNSPreFetchDomain:a,init:function(){if(!r.i){var e=BOOMR.subscribe;e("before_beacon",r.av,null,null),e("onbeacon",r.rv,null,null),r.i=!0}return this},is_complete:function(){return!0}}}}()}(window);</script></head>
|
|
|
|
<body class="ssptw">
|
|
<article>
|
|
<header>
|
|
<div id="hLogo"><a class="navLogo" href="/policy/index.html">Social Security</a><a class="navSearch" href="https://search.ssa.gov/search?affiliate=ssa">SEARCH</a></div>
|
|
<div id="hRedBar">
|
|
<div id="hDocInfo">
|
|
<h1>Social Security Programs Throughout the World: The Americas, 2015</h1>
|
|
</div>
|
|
</div>
|
|
</header>
|
|
<nav>
|
|
<div id="breadcrumbs" itemscope itemtype="http://schema.org/BreadcrumbList">You are here: <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="/" itemprop="item"><span itemprop="name">Social Security Administration</span></a><meta itemprop="position" content="1" /></span> > <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="/policy/index.html" itemprop="item"><span itemprop="name">Research, Statistics & Policy Analysis</span></a><meta itemprop="position" content="2" /></span> > <span itemprop="itemListElement" itemscope itemtype="http://schema.org/ListItem"><a href="index.html" itemprop="item"><span itemprop="name">Social Security Programs Throughout the World: The Americas, 2015</span></a><meta itemprop="position" content="3" /></span></div>
|
|
<div id="rspaUtil"><ul><li id="mail"><a class="js-ga-event" href="#" rel="nofollow" data-event="outbound-link" data-event-action="click" data-event-label="email-this">Email</a></li><li id="print"><a href="#" rel="nofollow">Save/Print</a></li></ul></div>
|
|
</nav>
|
|
<div class="innards">
|
|
<h1>Bahamas</h1>
|
|
<div class="exchangeRate">Exchange rate: <abbr class="spell">US</abbr>$1.00 = 1.00 Bahamian dollar (B$).</div>
|
|
<h2>Old Age, Disability, and Survivors</h2>
|
|
<h3>Regulatory Framework</h3>
|
|
<p><span class="h4">First laws:</span> 1956 <span class="nobr">(old-age</span> noncontributory pensions) and 1967 (public assistance for disability).</p>
|
|
<p><span class="h4">Current law:</span> 1972 (national insurance).</p>
|
|
<p><span class="h4">Type of program:</span> Social insurance and social assistance system.</p>
|
|
<h3>Coverage</h3>
|
|
<p><span class="h4">Social insurance:</span> Employed and self-employed persons.</p>
|
|
<p>Voluntary coverage is available.</p>
|
|
<p><span class="h4">Social assistance:</span> Residents of the Bahamas.</p>
|
|
<h3>Source of Funds</h3>
|
|
<p><span class="h4">Insured person</span></p>
|
|
<p><span class="h5">Social insurance:</span> 3.9% of weekly covered earnings. Voluntarily insured persons contribute 5% of weekly average wages or income, based on the insured's wages or income in the year before registration.</p>
|
|
<p>The maximum annual earnings used to calculate contributions are B$32,240.</p>
|
|
<p>The insured person's mandatory contributions also finance cash sickness, maternity, unemployment, and work injury benefits. The voluntarily insured person's contributions also finance the maternity grant.</p>
|
|
<p><span class="h5">Social assistance:</span> None.</p>
|
|
<p><span class="h4">Self-employed person</span></p>
|
|
<p><span class="h5">Social insurance:</span> 6.8% of covered earnings.</p>
|
|
<p>The maximum annual earnings used to calculate contributions are B$32,240.</p>
|
|
<p>The self-employed person's contributions also finance cash sickness and maternity benefits.</p>
|
|
<p><span class="h5">Social assistance:</span> None.</p>
|
|
<p><span class="h4">Employer</span></p>
|
|
<p><span class="h5">Social insurance:</span> 5.9% of covered payroll.</p>
|
|
<p>The maximum annual earnings used to calculate contributions are B$32,240.</p>
|
|
<p>The employer's contributions also finance cash sickness, maternity, work injury, and unemployment benefits.</p>
|
|
<p><span class="h5">Social assistance:</span> None.</p>
|
|
<p><span class="h4">Government</span></p>
|
|
<p><span class="h5">Social insurance:</span> None; contributes as an employer.</p>
|
|
<p><span class="h5">Social assistance:</span> The total cost.</p>
|
|
<h3>Qualifying Conditions</h3>
|
|
<p><span class="h4">Social insurance</span></p>
|
|
<p><span class="h5">Old-age pension:</span> Age 65 with at least 500 weeks of paid contributions.</p>
|
|
<p>Entitlement ceases if the insured person earns at least B$310 a week.</p>
|
|
<p>Early pension: A reduced pension may be paid from age 60 to 64 with at least 500 weeks of paid contributions.</p>
|
|
<p>Deferred pension: The pension may be deferred up to age 69.</p>
|
|
<p>The benefit is paid locally for insured persons who live abroad.</p>
|
|
<p><span class="h5">Old-age grant:</span> Age 65 with at least 150 weeks but less than 500 weeks of paid contributions.</p>
|
|
<p><span class="h5">Disability pension:</span> Younger than age 65, assessed with a permanent incapacity for any work, and has at least 150 weeks of paid contributions.</p>
|
|
<p><span class="h5">Survivor pension:</span> The deceased received or was entitled to receive an <span class="nobr">old-age</span> or disability pension at the time of death.</p>
|
|
<p>Eligible survivors include a dependent <span class="nobr">widow(er)</span> who was married to the deceased and was disabled or aged 40 or older and incapable of gainful employment; a dependent <span class="nobr">widow(er)</span> who was caring for a child younger than age 16 (age 21 if a student, no limit if disabled) at the time of death; a dependent widow who was pregnant with the deceased's child at the time of death; dependent children younger than age 16 (age 21 if a student, no limit if disabled); and dependent parents who are disabled or aged 40 or older and incapable of gainful employment.</p>
|
|
<p><span class="h5">Survivor grant:</span> The deceased had at least 150 weeks of paid contributions at the time of death.</p>
|
|
<p>Eligible survivors include a <span class="nobr">widow(er)</span> who was married to the deceased for at least a year but who does not meet the age or dependent children requirements for a survivor pension.</p>
|
|
<p><span class="h5">Funeral benefit:</span> Paid when an insured person or the spouse of an insured person dies if the insured had at least 50 weeks of paid contributions.</p>
|
|
<p><span class="h4">Social assistance</span></p>
|
|
<p><span class="h5">Noncontributory <span class="nobr">old-age</span> pension (income tested):</span> Age 65, retired, assessed as needy, and does not qualify for the social insurance <span class="nobr">old-age</span> pension.</p>
|
|
<p><span class="h5">Disability assistance (income tested):</span> Assessed with a disability, needy, and does not qualify for the social insurance disability pension.</p>
|
|
<p><span class="h5">Survivor assistance (income tested):</span> The deceased did not qualify for a social insurance <span class="nobr">old-age</span> or disability pension.</p>
|
|
<h3>Old-Age Benefits</h3>
|
|
<p><span class="h4">Social insurance</span></p>
|
|
<p><span class="h5">Old-age pension:</span> 30% of the insured's covered wage is paid with at least 500 weeks of paid or credited contributions. The pension is increased by 1% of the covered wage for each <span class="nobr">50-week</span> period of paid or credited contributions exceeding 500 weeks, up to 60%.</p>
|
|
<p>The covered wage is based on the insured's average weekly earnings in the best five years of contributions in which at least 26 contributions were made.</p>
|
|
<p>Early pension: The benefit is reduced by 0.58% for each month the insured is younger than age 65.</p>
|
|
<p>Deferred pension: The benefit is increased by 0.58% for each month the insured is older than age 65, up to 35%.</p>
|
|
<p>The minimum pension is B$65.81 a week.</p>
|
|
<p><span class="h5">Old-age grant:</span> A lump sum of six times the number of <span class="nobr">50-week</span> periods of paid contributions multiplied by the covered wage is paid.</p>
|
|
<p><span class="h4">Social assistance</span></p>
|
|
<p><span class="h5">Noncontributory <span class="nobr">old-age</span> pension (income tested):</span> B$60.54 a week is paid.</p>
|
|
<h3>Permanent Disability Benefits</h3>
|
|
<p><span class="h4">Social insurance</span></p>
|
|
<p><span class="h5">Disability pension:</span> 30% of the insured's covered wage is paid with at least 500 weeks of paid or credited contributions; 15% to 28% of covered wage with 150 to 499 weeks. The pension is increased by 1% of the covered wage for each <span class="nobr">50-week</span> period of paid or credited contributions exceeding 500 weeks, up to 60%.</p>
|
|
<p>The covered wage is based on the insured's average weekly earnings in the best three years of contributions in which at least 26 contributions were made.</p>
|
|
<p>The maximum annual wage used to calculate benefits is B$32,240.</p>
|
|
<p>The minimum pension is B$71.08 a week.</p>
|
|
<p><span class="h4">Social assistance</span></p>
|
|
<p><span class="h5">Disability assistance (income tested):</span> B$60.54 a week is paid.</p>
|
|
<h3>Survivor Benefits</h3>
|
|
<p><span class="h4">Social insurance</span></p>
|
|
<p><span class="h5">Spouse's pension:</span> 50% of the retirement or disability pension the deceased received or was entitled to receive is paid to an eligible <span class="nobr">widow(er).</span></p>
|
|
<p>The minimum survivor pension is B$71.08 a week.</p>
|
|
<p><span class="h5">Orphan's pension:</span> 10% of the retirement or disability pension the deceased received or was entitled to receive is paid for each eligible child, up to five children (if the <span class="nobr">widow(er)</span> receives a survivor pension) or 10 children (if the <span class="nobr">widow(er)</span> does not receive a survivor pension); B$32.90 a week is paid for each full orphan.</p>
|
|
<p>The minimum orphan's pension is B$28.95 a week.</p>
|
|
<p><span class="h5">Other eligible survivors:</span> If there is no eligible <span class="nobr">widow(er)</span> or orphan, 50% of the retirement or disability pension the deceased received or was entitled to receive is paid to an eligible parent.</p>
|
|
<p>The minimum survivor pension is B$71.08 a week.</p>
|
|
<p>All survivor benefits combined must not exceed 100% of the retirement or disability pension the deceased received or was entitled to receive.</p>
|
|
<p><span class="h5">Survivor grant:</span> A lump sum of one year of the <span class="nobr">old-age</span> or disability benefit the deceased received or was entitled to receive is paid.</p>
|
|
<p><span class="h5">Funeral benefit:</span> A lump sum of up to B$1,720 is paid to the person who pays for the funeral.</p>
|
|
<p><span class="h4">Social assistance</span></p>
|
|
<p><span class="h5">Survivor assistance (income tested):</span> B$60.54 a week is paid to persons aged 18 or older; B$24.21 a week to children younger than age 18.</p>
|
|
<h3>Administrative Organization</h3>
|
|
<p>Ministry of Labour and National Insurance (<a href="https://www.bahamas.gov.bs/labour">http://www.bahamas.gov.bs/labour</a>) provides general supervision.</p>
|
|
<p>National Insurance Board (<a href="http://www.nib-bahamas.com">http://www.nib-bahamas.com</a>) administers the program.</p>
|
|
<h2>Sickness and Maternity</h2>
|
|
<h3>Regulatory Framework</h3>
|
|
<p><span class="h4">First and current laws:</span> 1972 (national insurance) and 1998 (hospitals and health care).</p>
|
|
<p><span class="h4">Type of program:</span> Social insurance (cash benefits) and social assistance (medical benefits) system.</p>
|
|
<h3>Coverage</h3>
|
|
<p><span class="h4">Cash benefits:</span> Employed and self-employed persons. Voluntarily insured persons are covered for the maternity grant and funeral benefit only.</p>
|
|
<p><span class="h4">Medical benefits (National Prescription Drug Plan):</span> <span class="nobr">Old-age,</span> disability, and survivor pensioners, persons receiving cash sickness benefits, persons aged 65 or older, children up to age 18 (age 25 if a <span class="nobr">full-time</span> student), needy persons, public-sector employees, and women receiving prenatal or postnatal care.</p>
|
|
<p><span class="h4">Medical benefits (social assistance):</span> Residents of the Bahamas.</p>
|
|
<h3>Source of Funds</h3>
|
|
<p><span class="h4">Insured person</span></p>
|
|
<p><span class="h5">Cash benefits:</span> See source of funds under Old Age, Disability, and Survivors.</p>
|
|
<p><span class="h5">Medical benefits:</span> None.</p>
|
|
<p><span class="h4">Self-employed person</span></p>
|
|
<p><span class="h5">Cash benefits:</span> See source of funds under Old Age, Disability, and Survivors.</p>
|
|
<p><span class="h5">Medical benefits:</span> None.</p>
|
|
<p><span class="h4">Employer</span></p>
|
|
<p><span class="h5">Cash benefits:</span> See source of funds under Old Age, Disability, and Survivors.</p>
|
|
<p><span class="h5">Medical benefits:</span> None.</p>
|
|
<p><span class="h4">Government</span></p>
|
|
<p><span class="h5">Cash benefits:</span> None.</p>
|
|
<p><span class="h5">Medical benefits:</span> The total cost.</p>
|
|
<h3>Qualifying Conditions</h3>
|
|
<p><span class="h4">Cash sickness benefits:</span> Must have been employed on the day of or on the day before the incapacity began and have at least 40 weeks of contributions, including 26 weeks of paid or credited contributions in the year immediately before the incapacity began or in the last contribution year, or 13 weeks of paid or credited contributions in the 26 weeks immediately before the incapacity began.</p>
|
|
<p><span class="h4">Cash maternity benefits:</span> Must have at least 50 weeks of contributions, including 26 weeks of paid or credited contributions in the last year of contributions or in the 40 weeks before the benefit is paid.</p>
|
|
<p><span class="h4">Maternity grant:</span> Must have at least 50 weeks of paid contributions. The benefit is paid to an insured woman or the wife of an insured man.</p>
|
|
<p><span class="h4">Funeral benefit:</span> Paid when an insured person or the spouse of an insured person dies if the insured had at least 50 weeks of paid contributions.</p>
|
|
<h3>Sickness and Maternity Benefits</h3>
|
|
<p><span class="h4">Sickness benefit:</span> 60% of average weekly covered earnings is paid after a three-day waiting period for up to 26 weeks; may be extended for 14 weeks in certain circumstances.</p>
|
|
<p>The minimum benefit is B$71.08 a week.</p>
|
|
<p><span class="h4">Sickness allowance (means tested):</span> B$60.54 a week is paid for an insured person who does not meet the contribution requirements for the sickness benefit.</p>
|
|
<p><span class="h4">Maternity benefit:</span> 66.6% of average weekly covered earnings is paid for 13 weeks beginning no earlier than six weeks before the expected date of childbirth; may be extended for two weeks in certain circumstances.</p>
|
|
<p>The minimum benefit is B$69.48 a week.</p>
|
|
<p><span class="h4">Maternity grant:</span> A lump sum of B$465 is paid for each live birth.</p>
|
|
<p><span class="h4">Funeral benefit:</span> A lump sum of B$1,720 is paid to the person who pays for the funeral.</p>
|
|
<h3>Workers' Medical Benefits</h3>
|
|
<p><span class="h4">Medical benefits (National Prescription Drug Plan):</span> Free medicine and wellness programs are provided for persons suffering from one or more of 14 approved chronic diseases.</p>
|
|
<p><span class="h4">Medical benefits (social assistance):</span> Public and private medical care is available at public hospitals and clinics. Government subsidizes the cost of primary care for civil servants, children, pregnant women, persons older than age 60, and needy persons.</p>
|
|
<h3>Dependents' Medical Benefits</h3>
|
|
<p><span class="h4">Medical benefits for dependents (social assistance and National Prescription Drug Program):</span> Medical benefits for dependents are the same as those for the insured.</p>
|
|
<h3>Administrative Organization</h3>
|
|
<p><span class="h4">Cash benefits</span></p>
|
|
<p>Ministry of Labour and National Insurance (<a href="https://www.bahamas.gov.bs/labour">http://www.bahamas.gov.bs/labour</a>) provides general supervision.</p>
|
|
<p>National Insurance Board (<a href="http://www.nib-bahamas.com">http://www.nib-bahamas.com</a>) administers the program.</p>
|
|
<p><span class="h4">Medical benefits</span></p>
|
|
<p>Ministry of Health (<a href="https://www.bahamas.gov.bs/health">http://www.bahamas.gov.bs/health</a>) provides general supervision and administers primary health care benefits.</p>
|
|
<p>National Insurance Board's Medical Benefits Branch (<a href="http://www.nib-bahamas.com">http://www.nib-bahamas.com</a>) administers the National Prescription Drug Plan.</p>
|
|
<h2>Work Injury</h2>
|
|
<h3>Regulatory Framework</h3>
|
|
<p><span class="h4">First law:</span> 1943 (workmen's compensation).</p>
|
|
<p><span class="h4">Current law:</span> 1972 (national insurance).</p>
|
|
<p><span class="h4">Type of program:</span> Social insurance system.</p>
|
|
<h3>Coverage</h3>
|
|
<p>Employed and self-employed persons.</p>
|
|
<p>Exclusions: Family labor.</p>
|
|
<h3>Source of Funds</h3>
|
|
<p><span class="h4">Insured person:</span> None.</p>
|
|
<p><span class="h4">Self-employed person:</span> 2% of covered earnings.</p>
|
|
<p>The maximum annual earnings used to calculate contributions are B$32,240.</p>
|
|
<p><span class="h4">Employer:</span> See source of funds for Old Age, Disability, and Survivors.</p>
|
|
<p><span class="h4">Government:</span> None.</p>
|
|
<h3>Qualifying Conditions</h3>
|
|
<p><span class="h4">Work injury benefits:</span> There is no minimum qualifying period.</p>
|
|
<h3>Temporary Disability Benefits</h3>
|
|
<p><span class="h4">Temporary disability pension:</span> 66.6% of the insured's average weekly covered earnings is paid after a three-day waiting period for up to 40 weeks.</p>
|
|
<p>The minimum benefit is B$71.08 a week.</p>
|
|
<p>The maximum benefit is B$413.33 a week.</p>
|
|
<h3>Permanent Disability Benefits</h3>
|
|
<p><span class="h4">Permanent disability pension:</span> For an assessed degree of disability of 100%, 66.6% of the insured's average weekly covered earnings is paid. A lump sum of B$1,000 is also paid.</p>
|
|
<p>The minimum benefit for a total disability is B$71.08 a week.</p>
|
|
<p>The maximum benefit for a total disability benefit is B$413.33 a week.</p>
|
|
<p>Constant-attendance supplement: If the insured is assessed with a 100% degree of disability and requires the constant attendance of others to perform daily functions, 20% of the insured's permanent disability pension is paid.</p>
|
|
<p>Partial disability: For an assessed degree of disability of at least 25%, a reduced pension is paid, according to the assessed degree of disability. A lump sum of B$500 is also paid.</p>
|
|
<p>The minimum partial disability benefit is B$60.54 a week.</p>
|
|
<p>Lump-sum grant: For an assessed degree of disability of 1% to 24%, a lump sum of B$100 to B$2,400 is paid, according to the assessed degree of disability.</p>
|
|
<h3>Workers' Medical Benefits</h3>
|
|
<p>Benefits (including hospitalization, general and specialist care, medicine, and transportation) are paid for up to 40 weeks (for an assessed degree of disability of 25% or less) or two years (for an assessed degree of disability of more than 25%).</p>
|
|
<h3>Survivor Benefits</h3>
|
|
<p><span class="h4">Spouse's pension:</span> 50% of the temporary disability pension the deceased received or was entitled to receive is paid.</p>
|
|
<p><span class="h4">Orphan's pension:</span> 10% of the temporary disability pension the deceased received or was entitled to receive is paid for each dependent child younger than age 16 (age 21 if a <span class="nobr">full-time</span> student), up to five children (if the <span class="nobr">widow(er)</span> receives a survivor pension) or 10 children (if the <span class="nobr">widow(er)</span> does not receive a survivor pension).</p>
|
|
<p><span class="h4">Industrial death benefit:</span> A lump sum of one month of the spouse's or orphan's pension is paid.</p>
|
|
<p><span class="h4">Industrial funeral benefit:</span> A lump sum of B$1,720 is paid to the person who paid for the funeral.</p>
|
|
<h3>Administrative Organization</h3>
|
|
<p>Ministry of Labour and National Insurance (<a href="https://www.bahamas.gov.bs/labour">http://www.bahamas.gov.bs/labour</a>) provides general supervision.</p>
|
|
<p>National Insurance Board (<a href="http://www.nib-bahamas.com">http://www.nib-bahamas.com</a>) administers the program.</p>
|
|
<h2>Unemployment</h2>
|
|
<h3>Regulatory Framework</h3>
|
|
<p><span class="h4">First and current law:</span> 2009 (national insurance), implemented in 2009 and 2010.</p>
|
|
<p><span class="h4">Type of program:</span> Social insurance system.</p>
|
|
<h3>Coverage</h3>
|
|
<p>Employed persons younger than age 65.</p>
|
|
<p>Exclusions: Self-employed persons.</p>
|
|
<h3>Source of Funds</h3>
|
|
<p><span class="h4">Insured person:</span> 0.5% of salary.</p>
|
|
<p><span class="h4">Self-employed person:</span> Not applicable.</p>
|
|
<p><span class="h4">Employer:</span> 0.5% of payroll.</p>
|
|
<p><span class="h4">Government:</span> Any deficit.</p>
|
|
<h3>Qualifying Conditions</h3>
|
|
<p><span class="h4">Unemployment benefit:</span> Must have at least 52 weeks of paid contributions, including 13 weeks of paid or credited contributions in the 26 weeks before unemployment began, and seven weeks of paid or credited contributions in the 13 weeks before unemployment began.</p>
|
|
<p>To remain eligible, the insured must register with the labor exchange every four weeks, be available and looking for work, and must accept suitable employment.</p>
|
|
<h3>Unemployment Benefits</h3>
|
|
<p><span class="h4">Unemployment benefit:</span> 50% of the insured's average covered weekly earnings is paid after a three-day waiting period for up to 13 weeks (may be extended in certain circumstances) in any <span class="nobr">52-week</span> period.</p>
|
|
<p>After receiving benefits for 13 weeks in any <span class="nobr">52-week</span> period, the insured must wait 52 weeks to be eligible for another claim.</p>
|
|
<p>The minimum unemployment benefit is B$71.08 a week.</p>
|
|
<p>The maximum unemployment benefit is B$310 a week.</p>
|
|
<p>Schedule of payments: The benefit is paid biweekly.</p>
|
|
<h3>Administrative Organization</h3>
|
|
<p>Ministry of Labour and National Insurance (<a href="https://www.bahamas.gov.bs/labour">http://www.bahamas.gov.bs/labour</a>) provides general supervision.</p>
|
|
<p>National Insurance Board (<a href="http://www.nib-bahamas.com">http://www.nib-bahamas.com</a>) administers the program.</p>
|
|
</div>
|
|
</article><nav>
|
|
<div class="docNav"><a class="previous" href="argentina.html">Previous: Argentina</a> <a class="toTop" href="#hLogo">Top of page</a> <a class="toTOC" href="index.html#fileList">Table of contents</a> <a class="next" href="barbados.html">Next: Barbados</a></div>
|
|
</nav>
|
|
<footer><div id="footer">
|
|
<div class="important-info"><h4>Important Information:</h4>
|
|
<ul><li><a href="/agency/">About Us</a></li>
|
|
<li><a href="/accessibility/">Accessibility</a></li>
|
|
<li><a href="/foia/">FOIA</a></li>
|
|
<li><a href="/open/">Open Government</a></li>
|
|
<li><a href="/agency/glossary/">Glossary</a></li>
|
|
<li><a href="/privacy/">Privacy</a></li>
|
|
<li><a href="https://oig.ssa.gov/report/">Report Fraud, Waste or Abuse</a></li>
|
|
<li><a href="/agency/websitepolicies.html">Website Policies</a></li></ul>
|
|
</div>
|
|
<p class="align-center margin-top">This website is produced and published at U.S. taxpayer expense.</p>
|
|
</div></footer>
|
|
<!-- SSA INTERNET BODY SCRIPTS -->
|
|
<script src="/policy/js/rspa.doc.js"></script>
|
|
<script src="/policy/js/rspa-shared.js"></script>
|
|
<script src="/framework/js/ssa.internet.body.js"></script>
|
|
</body></html> |