Contribution Earning Classes, Rates
and Benefit Rates

Contribution Rates

Earnings Classes and Contributions 2014

March 3, 2014 based on 12%

 

Earnings Classes and Contributions 2013

March 4, 2013 based on 11.7%

 

Earnings Classes and Contributions 2008 - 2012

January 2, 2012 based on 11.4%

January 4, 2010 based on 10.8%

January 7, 2008 based on 10.5%


Earnings Classes and Voluntary Contributions 2008 - 2012

January 2, 2012 based on 11.4%

January 4, 2010 based on 10.8%

January 7, 2008 based on 10.5%
 

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Contribution Rates for the period 1972 - 2006

January 2, 2006 based on 9.3%

January 3, 2005 based on 9.3%

January 1, 2004 based on 8.7%

May 3, 1999 to February 29, 2004

August 11, 1980 to May 2, 1999

April 10, 1972 to August 10, 1980
 

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Impact of Contribution Rates Increase

Impact of 10.5% of insurable earnings 07 January 2008

Impact of 10.8% of insurable earnings 04 January 2010

Impact of 11.4% of insurable earnings 02 January 2012
 

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Benefit Rates

    2014 (effective March 3, 2014)

    Sickness and Maternity Benefit Rates

    Invalidity Benefit Rates

    Employment Injury Death Benefit Rates

    Survivor's Basic Benefit  Rates

   Download Rate Tables PDF Version

 

2013

2012

Sickness and Maternity Benefit Rates

Retirement and Invalidity Pension Rates

Survivors Pension Rates Monthly Benefit

Employment Injury Allowance

Employment Injury Death Benefit

Employment Injury

Rates of Constant Care and Attendance Allowance for
persons qualifying on or after 7th January 2008


Rate Amendments

There are 16 classes. For persons in receipt of benefit from periods between August 11, 1980, and May 2, 1999. The following changes have been made:

Classes 1 to 4 under the old structure now fall under Class 1 in the new order.
Class 5 becomes Class 2.
Class 6 becomes Class 3.
Class 7 becomes Class 4.
Class 8 becomes Class 5.
Classes 6 to 16 are new classes.

For persons in receipt of benefit from periods prior to August 11, 1980 the following changes have been made with effect from May 3, 1999:

Classes 1 to 6 under the old structure now fall under Class 1 in the new order.
Class 7 becomes Class 2
Class 8 becomes Class 3

 

Contributions payable by an employer in respect of employment injury coverage for an employed person who has not yet attained the age of 16 years or who is in receipt of retirement pension or who has attained the age of 65 years shall be as set out in Class Z, or for an unpaid apprentice shall be $1.00 per week.

All NIBTT forms are available FREE of charge at any National Insurance Service Centre or are downloadable.

 

 

 


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National Insurance Board of Trinidad and Tobago (NIBTT)