NIS contribution calculator 2026

A private sector worker in Barbados pays 11% of insurable earnings to the National Insurance Scheme, and the employer adds 12.75%. Enter your pay for the month or the week to see both shares, line by line.

Since April 2025 both sides also pay 0.25% to the Resilience and Regeneration Fund. That one is charged on the whole of your pay, so it keeps growing after NIS has reached the ceiling.

How it's calculated

Insurable earnings: your pay up to the ceiling of Bds$5,360 a month or Bds$1,238 a week.
Your NIS: 11% of insurable earnings. This bundles National Insurance, the non-contributory fund, unemployment, the training levy and the Health Service Contribution.
Employer NIS: 12.75% of insurable earnings, which also covers employment injury and severance.
Resilience and Regeneration Fund: 0.25% from you and 0.25% from your employer, on gross pay.

An example

On Bds$4,000 a month you pay Bds$440 in NIS and Bds$10 to the Resilience Fund, so Bds$450 comes off your pay. Your employer pays Bds$510 plus Bds$10. NISSS receives Bds$970 for that month.

Frequently asked questions

What is the NIS ceiling for 2026?

NISSS set the insurable earnings ceiling at Bds$5,360 a month for monthly paid workers. For weekly paid workers it is Bds$1,238 a week.

What makes up the 11% employee rate?

According to the NISSS table for private sector employees: National Insurance 6.75%, Non-Contributory 2%, Unemployment 0.75%, Training Levy 0.5% and the Health Service Contribution 1%.

Do these rates apply to government workers?

Not always. Permanent government employees have a lower rate because they do not pay the unemployment levy. This calculator uses the private sector rates (class R).

Key terms

NISSS: National Insurance and Social Security Service, which collects contributions and pays benefits.
Insurable earnings: The part of your pay, up to the ceiling, on which NIS contributions and benefits are based.
Class R: The NISSS contribution class for private sector employees.