There are several pieces of legislation relating to the workplace:
The Health and Safety at Work Act (321C) makes provisions relating to health and safety at work.
Public service pension plans are non-contributory and are governed by the Pensions Act, Chapter 43. There is currently no legislation governing private sector retirement arrangements or setting out minimum standards. These plans may be offered by private sector service providers.
Social insurance and social assistance benefits are governed by the National Insurance Board Act. Retirement Benefits are payable to insured persons who meet prescribed contribution conditions while a Retirement Grant is payable to needy Bahamian residents who do not qualify for the retirement benefit. Need is based on applying the “test-of-resources”.
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