10th & 11th Actuarial Reviews of the Antigua-Barbuda Social Security Fund as of December 31, 2014

Antigua-Barbuda Social Security began operations in April 1973. All employed and self-employed persons are covered for two main types of social security benefits – short-term benefits and long-term benefits or pensions. Employment injury benefits are currently not offered. The system is financed by contributions which are levied on employment earnings up to an earnings ceiling and are paid by employers, employees and self-employed persons. Surplus funds are invested locally in various types of securities and properties.

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