Established by an Act of Parliament in 1971, The National Insurance Board of Trinidad and Tobago (NIBTT) manages and administers the National Insurance System (NIS). Its core mission is to provide a measure of social security for the insured population of Trinidad and Tobago by paying financial benefits in situations of retirement, sickness, maternity, invalidity, and more. The NIBTT collects contributions from employers and employees, manages the investment of the National Insurance Fund, and disburses benefits to eligible claimants, playing a crucial role in the nation's social safety net.