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Pension fund APS is not doing well
PHILIPSBURG — General Pension Fund APS is not doing well, it appears from a compliance audit into the fund’s financial statements 2022 conducted by the General Audit Chamber. APS’ coverage ratio dipped More...
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Mary’s Fancy-development on hold due to unfavorable conditions
PHILIPSBURG — General Pension Fund APS acquired Mary’s Fancy and the De Castro properties on L.B. Scott Road in 2014 for 4.4 million guilders ($2,458,000) with the intention to develop them for commercial More...
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APS-director Nadya van Putten: “No plans to lower pensions”
PHILIPSBURG – The article StMaartenNews.com published Friday, August 29, 2020, under the headline ‘Pension fund toys with plan to reduce pensions’ has triggered a reaction from APS director Nadya Croes-Van More...
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Pension fund toys with plan to reduce pensions
PHILIPSBURG – The General Pension Fund APS is not financially sound and never has been, it appears from a compliance audit published by the General Audit Chamber. While the APS coverage ratio significantly improved More...
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Heyliger-Marten: “Local lenders must show confidence in local businesses”
PHILIPSBURG — At a time when local and global economies are facing economic hardship and the US stock market is showing instability, Faction Leader for the United People’s Party in Parliament, the honourable More...
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Finance Minister impressed with Oryx Residences
‘Construction to be finalised by the end of Summer’ CAY HILL — Construction of the Oryx Residences in Cay Hill is at 60 per cent according to its developers the Algemeen Pensioenfonds Sint Maarten APS More...
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Team APS at 31st Annual St. Maarten’s Day Around the Island Relay Race
Philipsburg, Sint Maarten, 14 November, 2018 – The Algemeen Pensioenfonds Sint Maarten (APS) was represented at the 31st Annual St. Maarten’s Day Around the Island Relay Race. Team APS has participated More...
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Minister of Finance Michael Ferrier visits APS
On June 12th, Algemeen Pensioenfonds Sint Maarten (APS) Director Nadya Croes-van Putten welcomed Minister of Finance, Michael Ferrier to the APS office for an official visit and tour. As part of the visit, APS took More...