Review Pages – Pension Ready

Pension Ready

Pension Ready Initiative of The National Insurance Board of Trinidad and Tobago

What is Pension Ready

Pension Ready is the National Insurance Board of Trinidad and Tobago (NIBTT) taking steps to ensure that you, the customer upon retiring can easily access your benefit.

Many of us may not be aware of the fact that the National Insurance Board of Trinidad and Tobago (NIBTT) was established in 1972 to administer the country’s compulsory NI Scheme now known as the NI System.

The number of persons, who would have started work in 1972 between the ages 18 to 20 years, makes up the 127,000 insured persons between the ages 55 to 59 years, and another 17,500 between ages 60 to 65 years who will become eligible for Retirement Benefits within the next 5 years.

The Retirement Benefit is one of the 23 benefits offered under the National Insurance System. It is paid to every employed person who has made National Insurance Contributions.

The Pension Ready initiative seeks to improve our customer value and understanding. The customer will now assist the NIBTT in ensuring that their contribution records are accurate well in advance of their retirement.
 

Use of National Insurance Forms
Whenever  you perform National Insurance functions under the National Insurance Act or Regulations, you must accurately complete the specific National Insurance forms that are designed so that you can give all the information required.

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