WILLEMSTAD – The Social Insurance Bank (SVB) says the aging of its workforce remains one of the organization's biggest long-term challenges, with employees over the age of 56 now accounting for 42 percent of its staff. The figures are included in the institution's 2025 annual report.
At the end of 2025, SVB employed 267 people, including 253 permanent employees and 14 temporary workers or contractors. This represents a slight increase compared with the previous year.
The report shows that the largest age group within the organization consists of employees older than 56 years. While the number of younger employees has increased somewhat, the aging workforce continues to present challenges for succession planning and knowledge retention.
SVB says it is addressing the issue by investing in staff development, knowledge transfer and professional training to ensure that expertise is passed on to younger employees before experienced workers retire.
According to the institution, these efforts are intended to safeguard operational continuity while preparing the organization for future workforce changes.
SVB considers maintaining a sustainable and well-trained workforce essential as it continues modernizing its services and expanding digital operations.