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...

Nathalie Tackling and Emilio Kalmera join APS Board

   Cayhill — Local professionals Nathalie Tackling and Emilio Kalmera recently joined the APS Board as members. The APS Board now consists of four persons: Shaira Bommel, Arjen Alberts, Kalmera, 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...

APS hosts Round Table Discussion to launch the Sint Maarten Investment Bank

PHILIPSBURG — Algemeen Pensioenfonds Sint Maarten (APS) has identified a need for Sint Maarten’s own Investment Bank (SMIB). On Friday June 8, 2018, APS hosted a Round Table Discussion on the topic, assisted More...