43ND ANNIVERSARY OBSERVANCE
February 01st 2021 marked the 43rd Anniversary of the St. Christopher and Nevis Social Security Board. Throughout the month, we pause to reflect on the genesis of our income insurance facility: The Social Security Fund.
The month was officially launched with a broadcast message from the Minister with responsibility for Social Security, the Hon. Eugene Hamilton. In his broadcast, the Minister highlighted how the corporate social responsibilities of Social Security are vastly improving the Federation. “Social Security continues to make its mark in education, housing, health care and national security. This level of National investment has rewarded us bountifully and can be seen in the increased number of trained professionals, improvement in our housing stock, greater efficiencies in health care, and reduction in the level of crimes”.
To observe the occasion, the Board has planned the following activities and invite all stakeholders to participate:
- Corporate Worship at the Antioch Baptist Church (St. Kitts) – Sunday 31st January 2021
- Minister’s Broadcast – Hon. Eugene Hamilton address to the Nation – Monday 01st February 2021
- Corporate Worship at the Shiloh Baptist Church (Nevis) – Sunday 7th February 2021
- Employers Forum with a concentration on ‘Tools for Recovery’ – Monday 22nd February 2021
- Panel Discussion on ZIZ TV and Nevis TV – Topic – The Road Ahead: Social Security Reform – Wednesday 24th February 2021
The Social Security Fund has grown steadfastly to become the bulwark of income security and national savings that has enabled our people to benefit both individually through income replacement and collectively as a Nation. The Fund now stands at over a 1.6 billion dollars while injecting directly into the economy of the country via significant long term and short-term benefits and increasing investments.
Notwithstanding, as a mature fund, it is now at a point where strategies will need to be employed to re-calibrate its ability to meet the demands of future generations of beneficiaries. This considers the various parameters that were established then to ensure its viability for four decades, will need to be adjusted to cater to new dynamics. More rigorous consultation will be held with the public to ensure that the best model of contributions and benefits and all related facets are fully considered before moving onto the next phrase in Social Security Reform.
Throughout the rest of the month and into the year, Social Security will share more on the process. We invite the public to participate in the process and to uphold the principles of Social Security as we strive for social justice.
For more information, please contact:
Ms. Kamilah Lawrence, Public Relations Manager
St. Christopher & Nevis Social Security Board
Phone: 869 465 2535
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