WILLEMSTAD – The strong financial position of Curaçao’s pension fund APC has opened the discussion about whether retirees could receive some form of financial relief after pensions remained unchanged in 2026.
APC director Evelyn Kruithof-Bor told attendees at the Pensioners’ Day celebration organized by UPAH that the fund is studying possible options for assisting pensioners following the government’s decision not to apply pension indexation this year.
The announcement comes after APC reported a coverage ratio of 115.6 percent at the end of 2025, marking what Kruithof-Bor described as an exceptionally strong financial year for the fund.
A high coverage ratio indicates that a pension fund has more assets available compared with its future pension obligations. In APC’s case, the ratio means the fund had more than enough assets to cover its projected obligations according to the measurement method used.
Despite the positive financial results, APC must carefully evaluate any possible pension adjustment. The fund must balance the interests of current retirees with the need to guarantee pension payments for future generations.
Kruithof-Bor said the investigation will determine whether there is room for an alternative form of support, but she made clear that no decision has been taken.
“There are currently no guarantees regarding whether compensation will be provided, how much it would be, or when it could take place,” APC indicated.
The issue has become especially relevant as pensioners face rising living costs without an increase in their monthly payments. Without indexation, retirees may experience a decline in purchasing power over time.
APC has not announced a deadline for completing the review or indicated what type of measure could eventually be considered.
The pension fund said any decision must be made responsibly and in accordance with its obligations to both current and future pensioners.