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 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.
Preparing for retirement with the NIBTT.
Ensure that all your contributions are complete and accurate.
To do this -
- Update or correct your registration information by downloading and
completing the NI 165 form.
- Submit the signed completed form to any of our Service Centres.
Pension Ready Packages
The Pension Ready Packages will be made up of -
A personal statement of your NI Contributions
A brochure on NI Retirement Benefit
A feedback letter offering opportunity to
- update your NI Registration Record (add your Birth Certificate PIN);
- give feedback on agreement statements of NI Contributions;
- opportunity to submit documents to support employment/contributions.
Historical Contribution Statement;
NI 182 for updating personal details;
Check list of attachments (link to attachment);
Where contribution data is missing or incorrect, customers must enclose the
following in the Pension Ready envelope.
Certified documents;
Attach all documents to the checklist. Envelopes must be sealed and placed in
designated drop off points.
Related Topics:
Pension Ready Update
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.