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Social Security Annual Reports

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Highlights

  • Total Income grew by 5.97% from $41.76M in 2014
  • Reserves grew by 5.19% totaling $318.66M
  • No Investment losses registered.
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Highlights

  • Contribution Income increased from $26.57M to $26.96M
  • SSDF Reserves totaled $2.75M compared to $2.50M in 2013
  • Reserves grew to $302.94M from $285.31M in 2013
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Highlights

  • Reserves stood at $285.31M, an increase of 7.53%
  • Total Income increased by 5.41%
  • Contribution income increased by 9.72% totaling $26.57M
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Highlights

  • Social Security Development Fund expenditure increased significantly by 51.86% and totaled $1,423,626
  • Reserves increased marginally by 7.2% and stood at $267.8M
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Highlights

  • Reserves increased by 7.2% and stood at $254.8M
  • Net income increased significantly to $18.1M from $8.5M in 2010
  • No Investment losses.
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Highlights

  • Total Income increased to $48.1M from $41.0M in 2009
  • Social Security Development Fund expenditure totaled $614,861, down from $924,469 in 2009.
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Highlights

  • Reserves stood at $229.45M, an increase of $24.49M
  • Total Expenditure declined significantly by 39.6%, from $28.5M in 2008 to $17.2M in 2009
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Highlights

  • A total of 3,520 claims were received and a total of 2,529 claims were paid
  • Reserves grew to $207.1M, increasing by 10.7% from 2007
  • Benefits paid totaled $7.4M
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Highlights

  • Contribution Income Totaled $27.2M
  • Annual registrations reached an all time high of 2,117, reflecting an increase of 44.1% over 2006
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Highlights

  • Net Income stood at $19.4M, an increase of 22.5% over 2005
  • Investment Income totaled $8.9M, increasing by 14.3% over $7.8M in 2005
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Highlights

  • Reserves of the Fund reached $140.5M, an increase of $15.6M (12.5%) over 2004
  • Benefit expenditure totaled $5.0M compared to $4.5M in 04
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Highlights

  • Investment Income increased by $1.3M (21.8%). The overall yield on the Fund was 6.7%
  • New Employee Registrations increased by 34.8%
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Audited Financial Reports

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