Last Updated on May 3, 2025, 12:33 PM AST by Anthony Morris
Prime Minister Dr Terrance Drew presented the Pensions (Amendment) Bill, 2025 during the National Assembly. He debated the bill as it was presented for a second reading. The bill will positively impact the lives of Government Auxiliary Employees (GAEs) across the Federation.
PM Drew said during the assembly, “This morning is a historical morning.” He further added that the workers of St Kitts and Nevis, especially the GAE workers and the civil servants, have been waiting for this pension bill to pass for many decades.
It is to be noted that this Amendment Bill will be a major shift from the outdated and unsustainable 1947 pension model. Under this bill, GAE workers will be guaranteed access to pensions for the first time after their 15 years of service.
PM Terrance Drew also stated that before the law passed, civil servants and GAE workers only received 60% from Social Security. This new reform will guarantee that retirees get the full amount of their income by combining social security with pension. PM Drew also said that the passing of this legislation will be a gift for Labour Day 2025.
Features of the Pensions (Amendment) Bill 2025
The bill aims to help every citizen in the twin-island Federation, it does not matter whether the citizens support the St Kitts-Nevis Labour Party or not. Inclusiveness, more protective measures, and additional benefits around the Federation were notably the main highlights of the proposed bill.
The Pensions (Amendment) Bill 2025 is in line with the government’s ‘Sustainable Island State Agenda’ and seeks to extend equity, balance, and fairness within the society. The bill seeks to assist the workers who have for a long time contributed to the development of the nation.
Under this legislation, the creation of a separate pension fund is also mandatory. This will ensure long-term sustainability and guarantee full refunds of their income. The refunds will also include interest even if the worker resigns before qualifying for a pension.
Anthony Morris covers stories related to politics and regional developments. His in-depth reporting about governance and reforms makes him stand out in regional journalism, with a deep analysis of political trends and their impact on Caribbean communities.
