Happy New Year 2025 to our Valued Contributors and Stakeholders!
As we step into 2025, we extend our warmest wishes to each one of you. The past year has been a journey of growth, resilience, and innovation. In 2025, we are excited to continue our commitment to providing exceptional services while embracing advancements in ai technology.
We are excited to continue to provide you with our revolutionary Social Insurance Administration System, MBS, our e-services digital platform, which we continue to upgrade with our service level agreements. We are pleased to enhance your experience with us as our system provides a user-friendly interface, and seamless access to various services, at your fingertips.
2025 is a milestone year for Social Security as we celebrate 45 years since the passage of the Social Security Act on November 3 1980. It is indeed a moment to pause and reflect on the vision of the then Chief Minister Mr. James Ronald Webster, Father of the Nation. During this year, the focus will be on revising and updating our social security legislation to ensure its relevance, to enhance the lives of our beneficiaries. The Board will consider the 13th Actuarial Review and its recommendations for implementation of new legislation and policies to safeguard the viability and sustainability of the Social Security Fund. Please be reminded of the increase in the contribution rate from 5.25% Employer and 5.25% Employee; to 5.5% Employer and 5.5% Employee i.e. 11% to be paid in by the employer on behalf of employees for salary or wages earned beginning January 1, 2025. A solid Fund, supported by strong contribution collections and sound investments under the umbrella of good governance, will allow for the payment of timely and relevant benefits to current beneficiaries and their generations to come. The need to increase compliance and extend coverage will be at the forefront of the Social Security Board's 2025 Strategic Action Plan. This, along with a strong public education program to keep you as customers and stakeholders informed and educated about Social Security. During 2025, the Board will hold public consultations as it develops the Anguilla Social Security Board Strategic Plan: 2026 - 2030.
2025 will also see the introduction of a new organization structure, a project undertaken by CARICAD Barbados. It is expected that this exercise will bring about efficiencies to operations and reduction in administrative cost. The Board will invest in the development of its staff as well as introduce new areas of focus to address current gaps and accomplish the organization-wide needs for change management and risk management
In 2025, we reiterate our commitment to service excellence. The Anguilla Social Security Board is here to support you, our invaluable contributors and stakeholders. This year promises to be one filled with prosperity, success, and strengthened partnerships. Thank you for entrusting us with your social protection needs as we provide insurance against the contingencies of sickness, maternity, paternity, disability, old age, and death.
Happy New Year 2025! From the Anguilla Social Security Board, Director (Ag), Management and Staff.