WILLEMSTAD – The Algemene Pensioenfonds Curaçao has formally approved its budget for 2026 and submitted it to the Curaçao Parliament. The budget outlines a focus on financial stability and risk management, while cautioning that structural challenges will place increasing pressure on the pension system in the years ahead.
According to the budget documents, the fund’s financial position is expected to remain stable in 2026. However, longer-term developments such as an aging population, rising life expectancy and potential changes to pension legislation are expected to weigh more heavily on the sustainability of the system over time. These factors could affect both the affordability of the scheme and the scope for future benefit payments.
The pension fund also makes clear that there is no automatic room for pension increases. Any indexation of pensions will continue to depend on investment returns, inflation trends and the applicable legal framework. With that message, the fund tempers expectations among retirees and participants hoping for improvements in purchasing power.
In addition, the fund states that it is preparing for possible changes in laws and regulations. The 2026 budget has been designed with sufficient flexibility to allow adjustments if reforms become necessary to safeguard the long-term financial health of the pension system.
With the submission of the 2026 budget, the pension fund emphasizes that maintaining stability remains the top priority, while acknowledging that difficult policy choices may be unavoidable in the future.