Home Local News APS meets with Minister of Finance to discuss 2027 budget and other...

APS meets with Minister of Finance to discuss 2027 budget and other key matters

98

Cole Bay, Sint Maarten – The management and board of the Algemeen Pensioenfonds Sint Maarten (APS) met with the Minister of Finance on Thursday, October 22, 2026, to present and discuss the APS Budget for 2027 and other matters relevant to the Fund and its stakeholders.

During the meeting, APS presented and discussed the main considerations and priorities included in its proposed budget for 2027. The discussion provided an opportunity to address questions relating to the budget and to further explain the assumptions and considerations underlying the financial projections.

“The 2027 budget reflects APS’s continued focus on responsible financial planning and the sustainable administration of the Fund. We value the constructive dialogue with the Minister of Finance, as open communication and cooperation are essential when addressing matters that may affect APS and its stakeholders” APS management stated.

The parties also discussed the legislative framework governing participation in APS, as well as the available options for expanding employer participation in the Fund. This included consideration of the applicable requirements and the potential implications for APS and participating employers.

The meeting formed part of the ongoing dialogue between APS and the Government of Sint Maarten on matters concerning the Fund’s operations, financial planning and long-term development.

APS values the constructive exchange with the Minister of Finance and remains committed to transparent communication and continued cooperation with the Government and other stakeholders.

Verified by ExactMetrics