The Antigua & Barbuda Social Security Board wishes to advise that the first installment for June 2021 pension payments have been made to the following financial institutions: ECAB Bank of Nova Scotia CIBC First Caribbean International Bank ACB Caribbean Royal Bank...
Releases
PENSION NOTICE – June 2021
SOCIAL SECURITY PENSION NOTICE - June 2021 The ABSSB wishes to advise our walk-in pensioners that pension payments for June 2021 will commence on Monday, 12th July, 2021. Pensioners are asked to take note of the cheque distribution schedule according to their surname....
The Future of Social Security in the English-speaking Caribbean
Most social security schemes in the English-speaking Caribbean would have attained maturity by the end of the twentieth century. In the case of the British Virgin Islands (BVI) scheme, this stage of development will be attained somewhat later because of the more...
The Case For Pension Reform
The following article is a chapter in the text: Workable Pension Systems; Reforms in the Caribbean. It appears here with permission; the authors are Olivia S. Mitchell and Derek M. Osborne. Costs and Challenges One factor that has contributed to the unsustainability...
Expanding coverage
Social security coverage is ever changing and increasing to include more workers within different industries. One of the factors that has significantly contributed to this, is globalization. Persons are no longer limited to working in only one geographical location,...
Economic crisis adds pressure to challenges of ageing workforce
The economic crisis is of major concern to Social Security institutions worldwide, and its implications have far reaching effects on all areas of Social Security coverage. The information below is taken from the International Social Security Association (ISSA)...
Reminder to All Employers and Self-employed Persons
The Social Security Board wishes to remind all employers and self-employed persons that the amended Collection of Contributions Regulations, No. 15 of 2013 came into effect May 1, 2013. The new contribution rates are as follows: Self-employed persons- 10% Private...
Notice to Pensioners
The Social Security Board wishes to advise all Social Security pensioners who collect their pension cheques at the Social Security office that distribution for September 2013 cheques will begin on Monday, September 30th, 2013.
General Notice
The General Public is hereby advised that when benefit cheques are lost or misplaced by the Post Office and resulting in their stale date, beneficiaries are required to file a complaint with the Postmaster General, who will in turn inform the ABSSB, where further...
A Quick Glance at 2013
In 2013, the Antigua & Barbuda Social Security Board (ABSSB) achieved 40 years of service to the people of Antigua & Barbuda. As such, the ABSSB may be considered a maturing Social Security System (SSS). In SSS, like the ABSSB, current contributions are...