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St. Kitts and Nevis Social Security Board Launches Reform Initiative with Town Hall Meeting

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by Kevon Browne

St. Kitts and Nevis (WINN): The St. Christopher and Nevis Social Security Board has initiated a reform initiative aimed at securing the long-term stability of the Social Security Fund. A pivotal step in this effort is the inaugural Reform Town Hall Meeting scheduled for July 11, 2024, at the Solid Waste Management Corporation.

 

The reform measures focus on strengthening the financial foundations of the Social Security Fund, enhancing benefits for the workforce of St. Kitts and Nevis, and ensuring its sustainability. This initiative emphasises transparency and inclusivity in the reform process.

 

The consultative process began in June when Derek Osborne, the Fund’s Actuary, visited the island. With Christopher Louard, the Director of Social Security, Osborne engaged in discussions with staff, advocacy groups, labour unions, business associations, and other stakeholders. These interactions aimed to gather insights and solutions to inform the reform agenda.

 

The Board plans to expand its outreach efforts in July with community and town hall meetings. These platforms aim to improve public understanding of the fund’s financial health, enhance service delivery, and address demographic changes in the workforce. Additionally, the Board will use social media and online platforms to gather feedback, ensuring a comprehensive approach to reform.

 

The Reform Town Hall Meeting is a step in securing the future of the Social Security Fund by engaging stakeholders, including the public, to build consensus on necessary reforms.

 

As discussions progress, stakeholders are encouraged to participate in shaping the reform agenda and contributing to a sustainable future for social security in the nation.

 

The upcoming Town Hall Meeting marks a significant milestone in this ongoing dialogue, paving the way towards a robust and sustainable Social Security Fund for the future.

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