Overdue pension requests to be paid by November 1 on St. Maarten


PHILIPSBURG--Social and Health Insurance SZV says all pension requests that it received before August 2012 will be paid out by November 1, 2012.

In a press release on Tuesday, the SZV director said this in turn would lead to shorter waiting periods for all other future pension applicants.

SZV's Pension Department has been experiencing a lot of backlog since taking over from its predecessor Social Insurance Bank SVB on October 10, 2010. "Since then the management and pension staff in particular has been working diligently to clear up this backlog, process new applications and execute their daily responsibilities as well," SZV said.

"The ability to pay all overdue pensions is just one of the various efforts being made by the SZV, while the organisation continues to aim to develop more client-friendly processes in order to better accommodate its clients."