Philipsburg, Sint Maarten – On June 11, the Algemeen Pensioenfonds Sint Maarten (APS)
presented its clean audit report to the Minister of Finance, further underscoring the fund’s
strong financial performance and long-term stability.
APS has announced a 0.92% pension increase, marking the third consecutive year that
pensioners will benefit from indexation. The increase is made possible by the fund’s healthy
coverage ratio of 116.23% and is based on consumer price index data. The adjusted
pension amount is expected to be paid in July 2026, with retroactive effect to January 2026.
The ability to provide consecutive pension increases reflects APS’s continued commitment
to preserving the purchasing power of pensioners while maintaining the financial strength of
the fund.
While APS remains in a strong position, future indexation will always depend on the fund’s
financial health, economic conditions, and investment performance. APS has also reached
a significant milestone, with total assets under management now exceeding Cg 1 billion. In
addition, the fund recorded a positive financial result of approximately Cg 27 million for
2025, driven primarily by investment income and disciplined portfolio management.
Honorable Minister of Finance Marinka Gumbs welcomed the continued positive results,
noting the importance of a strong and sustainable pension system to the financial security
of retirees and the overall resilience of Sint Maarten.
“These results demonstrate the importance of prudent financial management and a long-
term approach to safeguarding pension benefits. A strong APS benefits not only today’s
pensioners, but also the generations that will depend on the fund in the future,” said
Minister Gumbs.
The Minister further noted that APS is exploring opportunities to strengthen and expand the
pension system. Following a proposal by the Minister, APS is examining the possibility of
increasing participation by government-related entities, with the objective of further
enhancing the fund’s long-term sustainability and resilience.
Minister of Finance / Minister van Financiën
Government Administration Building
Post Office Box 943, Philipsburg / Soualiga Road 1, Sint Maarten
“The ability to provide a pension increase for a third consecutive year while surpassing the
milestone of Cg 1 billion in assets is a significant achievement for APS. These results
reflect the confidence of our participants, the dedication of our team, and the strength of the
governance and investment policies that guide the fund.
While we are proud of the progress achieved, we remain focused on the future. APS
continues to identify opportunities to strengthen the pension system, expand participation,
and ensure that the fund remains resilient in an evolving economic environment. Our
commitment extends not only to today’s pensioners, but also to the generations of public
servants who will rely on APS in the years ahead.”
APS also continues to contribute to ongoing initiatives aimed at modernizing the regulatory
and investment framework for pension funds within the monetary union, ensuring that
pension funds remain well-positioned to navigate changing economic conditions while
continuing to deliver value to participants and retirees.
Through sound governance, responsible investing, and prudent financial management,
APS remains committed to protecting the retirement security of its members and delivering
sustainable benefits for the people of Sint Maarten.