NIS Executive Director Bids Farewell
NIS Executive Director Bids Farewell Read More »
SOCIAL SECURITY BOARD COMMEMORATES 36 YEARS OF SERVICE Thirty-six years and counting! It was July 2, 1980 when the Virgin Islands Social Security Board opened its doors to the residents of the Virgin Islands. The purpose was to provide sickness, maternity, invalidity, age, funeral and survivor’s benefits. In 1991 Employment Injury was implemented and Self-Employed
Social Security Board Commemorates 36 years of service Read More »
Dear Employer, Effective January 1, 2016, the maximum insurable earning will be increased, by 2.108% from $39,468.00 to $40,300.00. The following schedule is for ease of reference. Pay Period Maximum Insurable Earnings Contribution Total Employee Employer Weekly $775.00 $31.00 $34.88 $65.88 Fortnightly $1,550.00 $62.00 $69.75 $131.75 Semi-monthly $1,679.17 $67.17 $75.56 $142.73
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Dear Employer, Effective January 1, 2015, the maximum insurable earning will be increased, by 2.24% from $38,610.00 to $39,468.00 The following schedule is for ease of reference. Pay Period Maximum Insurable Earnings Contribution Total Employee Employer Weekly $759.00 $30.36 $34.16 $64.52 Fortnightly $1,518.00 $60.72 $68.31 $129.03 Semi-monthly $1,644.50 $65.78 $74.00 $139.78
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