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...
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...
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...
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...
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...
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...
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...
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...
