WILLEMSTAD – Curaçao’s pension obligations continue to pose long-term financial risks, according to the fourth-quarter execution report. While some liabilities, such as duration allowances, are gradually declining, structural reforms remain incomplete.
The report highlights uncertainty around pensions for former officials and the need for updated legislation to ensure sustainability. Without reform, pension costs could place increasing pressure on future budgets.
The government acknowledges that demographic trends and aging will further amplify the challenge in the coming years.