Benefits

The National Insurance Board of Trinidad and Tobago (NIBTT) pays benefits to persons who register and pay contributions to the National Insurance System. 

Significant changes were made to the National Insurance System.  These changes provided -

  • more generous cash benefits to insured persons and their dependent survivors;

  • increased the levels of earnings that is subject to N.I. contributions in order to keep the value of benefits relevant to current levels of earnings; and
     

  • marginally increase the rate at which contributions are paid on insurable earnings That part of an insured person's earnings that is covered by the National Insurance System. so that the system will be well funded to meet future benefit payments and introduces tougher measures to allow the NIBTT to protect the system against fraudulent claims and other false documentation.
     

Employed persons who earn $180.00 or more per week must be registered and are required to be contributors to the National Insurance System.  These persons are able to claim a wide variety of benefits. 

Employees earning less than $180.00 per week and who are contributors as at March 3, 2014 and continued in insurable employment on March 4, 2014 will continue to participate in the National Insurance System and are also able to make a claim for any of the benefits.

Today, we stand proud, adding value to our customers' lives with 23 benefits in 7 categories. These benefits are designed to alleviate the economic burdens of old age, disability, sickness, incapacity and death by providing income replacement against temporary or permanent loss of earnings.

NIS Benefits categories breakdown:

Sickness Benefit

Maternity Benefit

  • Grant
  • Allowance
  • Special Maternity Grant
     

Invalidity
Funeral Grant
Retirement

  • Retirement Pension
  • Retirement Grant
     

Employment Injury

  • Injury Allowance
  • Medical Expenses
  • Disablement Grant
  • Disablement Pension

 

Employment Injury Death

  • Widow's Pension
  • Widower's Pension
  • Remarriage Grant
  • Child's Allowance
  • Dependent Parent Pension


Survivors'

  • Widow's Pension
  • Widower's Pension
  • Remarriage Grant
  • Child's Allowance
  • Dependent Parent Pension

 

 

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National Insurance Board of Trinidad and Tobago (NIBTT)