nassau, The Bahamas -- The National Insurance Board (nib) Will Host The 32nd Caribbean Community (caricom) Social Security Organizations Meeting In The Bahamas, At Baha Mar, From October 28 Through November 1, 2024.
“hosting This Meeting During Our 50th Anniversary Is No Coincidence; It Is A Deliberate Demonstration Of How Our Rich Legacy Over The Past Five Decades Fuels Our Commitment To Driving Social Security Innovation And Policy In The Future, Both Locally And Across The Region,” Said Nib Chairman, Philip Mckenzie During A Press Conference At Nib’s Headquarters On Wednesday, October 23, 2024.
the Chairman Said, “our Involvement In These Discussions Is Especially Important As Global Issues — Such As Climate Change, Shifting Demographics, Global Pandemics, And Rapidly Advancing Technology — Continue To Pose Significant Challenges To Social Security Systems And The Communities We Serve.
“these Are Complex Matters That Require Collaborative, Global Solutions. This Meeting Is Essential To Addressing These Challenges And Shaping Policies That Will Strengthen Our Systems And Impact Millions Across The Region.”
nib Acting Director, Heather Maynard Explained That The Conference’s Theme, “promoting Financial Sustainability Of Social Security Systems,” Is Particularly Timely For Nib Locally, As Its 50th Year Milestone Required The Organization To Make Decisions Critical For The Long-term Preservation Of The Pension Branch And The Overall Sustainability Of The Fund.
she Said, “i’m Proud To Highlight That Our Very Own Assistant Director, Indira Archer, Will Be Presenting On Compliance To Share Best Practices And Strategies We Have Deployed To Increase Compliance And Improve Employer Customer Relations.”
the Acting Director Said The Topics On This Year’s Agenda Are Of Immense Importance To The Future Of Social Security Systems Worldwide.
she Said Climate Risk Management, For Example, Addresses The Increasing Environmental Threats That Can Disrupt Economies And Strain Social Safety Nets. Cyber Risk Management Tackles The Growing Risks To Data Security And Infrastructure Integrity In An Increasingly Digital World. Digital Transformation Will Look At The Role Of Artificial Intelligence In Social Security Administration, While Universal Social Protection Coverage Looks At The Need To Adapt To Shifts In The Global Labour Market.
“we Are Also Pleased To Have The Central Bank Presenting On Digital Currency Risk Protection, A Subject Critical To The Evolving Financial Landscape And Its Implications For Social Security Programs.”
the Acting Director Said, “one Of The Key Highlights Of This Meeting Is The Series Of Strategic Sessions For Social Security Professionals. These Sessions Will Provide Invaluable Insights Into The Latest Innovations And Policy Directions That Are Crucial For Adapting To Changing Public Needs.
“for The Nib, This Is An Essential Opportunity For Our Operational Leaders And Senior Managers To Gain Knowledge That Will Help Us Continue To Provide Sustainable, High-quality Services. The Practical Applications From These Sessions Will Have An Immediate Impact On Our Organization And Ensure We Remain At The Forefront Of Social Security Administration.”
nib Deputy Director/core Services, New Providence And Actuarial Department, And Co-chair Of The Conference, Tami Francis Explained That Organizing An Event Of This Scale Demands Not Only Logistical Precision But Also A Keen Understanding Of The Complex Issues Facing Social Security Systems Across The Region. “our Mission Is To Create An Environment Where Open Dialogue And Collaborative Problem-solving Can Thrive, And Every Detail Has Been Carefully Planned To Support These Objectives.”