SSB New Board Members

Road Town, Tortola, VI-Cabinet has approved the appointment of four new members and the re-appointment of three past members of the British Virgin Islands. Social Security Board. The new members are Mr. Paul Webster, QC, Chairman, representing employers; Mr. Michael Vanterpool representing employees; Mr. Simon Potter, representing employers; and Mrs. Annie Malone-Frett, representing Government. The re-appointed

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2014 Maximum Insurable Earnings

Dear Employer, The Social Security (Contributions) (Amendment) Regulations 2005, make it mandatory that the maximum insurable earnings (that is, the portion of salary from which contributions is deducted) be increased on a yearly basis by the Consumer Price Index (CPI). The CPI is 1.755%; consequently, effective January 1, 2014, the maximum insurable earning will be

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2013 Contribution Rate Increase

Dear Employer, The Social Security (Contributions) (Amendment) Regulations 2005, make it mandatory that the maximum insurable earnings (that is, the portion of salary from which contributions is deducted) be increased on a yearly basis by the Consumer Price Index (CPI). The CPI is 2.73%; consequently, effective January 1, 2013, the maximum insurable earning will be

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2012 Contribution Rate Increase

Dear Employer, The Social Security (Contributions) (Amendment) Regulations 2005, make it mandatory that the maximum insurable earnings (that is, the portion of salary from which contributions is deducted) be increased on a yearly basis by the Consumer Price Index (CPI). The CPI is 2.03%; consequently, effective January 1, 2012, the maximum insurable earning will be

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