The Pension Fund Caribbean Netherlands PCN announced the pension premiums have increased per January 1 to the maximum level, as a result of people living longer also in Bonaire, St. Eustatius and Saba (BES).
This means an extra amount of 25.6 million US dollars must be reserved. In addition, the low interest rates on world markets mean less investment income for the fund.
The premiums are still not higher than what participants in the former Antillean Pension Fund APNA paid before the new constitutional relations within the Dutch Kingdom took effect on 10-10-10.
The photo shows board members, with, from left to right Will Johnson, Harald Linkels, Roy Hooker and Valdemar Marcha (Gerard Bergsma is missing in the picture).