At the invitation of the Social and Economic Council (SER) of
Curaçao, Minister of Social Development, Labor and Welfare (SOAW), Ms. Ruthmilda
Larmonie-Cecilia, on Friday, March 19, 2024, gave a detailed presentation on the recent research
findings regarding Curaçao's social security system. This presentation occurred during the
regular plenary session of the tripartite advisory body.
The research, conducted as part of the Curaçao Country package, focuses on crucial aspects of
the social security system to reduce poverty, increase income security, and ensure financial
sustainability. The minister was supported during the meeting by policy advisors, representatives
of the Social Insurance Bank (SVB), and an expert from the Amsterdam Economic Bureau.
Following the presentation, council members could ask questions and comment on the report's
recommendations and findings. Ms. Larmonie-Cecilia indicated that the current phase will be
used for further consultations with all relevant stakeholders, after which the proposals will be
considered within political-administrative circles. These will lead to decision-making that will
affect Curaçao's social security landscape. She has promised to keep the SER, as an important
advisory body to the legislature, informed of the progress of the process.
