10th Actuarial Review of the Montserrat Social Security Fund

The Montserrat Social Security Board has completed its 10th Actuarial Review as of March 31, 2024. The review highlights important updates on the financial health of the Social Security Fund, including the positive impacts of recent reforms such as contribution rate increases, government subventions, and adjustments to benefit provisions. These changes have already slowed the pace of fund depletion and strengthened the system’s long-term sustainability.

The report also outlines projections for the next 30 years and recommends further measures to ensure the Fund remains relevant, affordable, and financially sound for future generations.

You can download the full report [here]. You may also visit our [publications] page to see this and other reports.