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Curaçao's AOV Pension Not Indexed Due to Lack of Political WillPhoto: Extra Curaçao
PoliticsCuraçao

Curaçao's AOV Pension Not Indexed Due to Lack of Political Will

Source: Extra Curaçao·52 minutes ago·Curaçao·1 min read

Since 2021, Curaçao's elderly population has been legally entitled to annual indexation of their AOV (old-age pension) benefit, but the government has failed to apply it. Had indexation been properly applied, the current monthly benefit would stand at 1,050 florins rather than the 1,000 XCG currently paid. Critics argue the ruling MFK government is hiding behind the Central Bureau of Statistics (CBS), which has been unable to calculate economic growth on an August-to-August basis as required by the indexation formula. Opposition voices and advocates stress that the AOV is a legal right, not a government favor, and that seniors are being shortchanged through bureaucratic and political inaction. The failure to index the pension has a direct financial impact on Curaçao's most vulnerable citizens, who depend on the benefit as a primary source of income. The situation has drawn sharp criticism, with calls for the government to find a solution rather than deflect responsibility onto a statistical agency.

Key Facts
  • Curaçao seniors have been legally entitled to AOV indexation since 2021, but it has not been applied.
  • The monthly AOV pension should currently be 1,050 florins but remains at 1,000 XCG due to the indexation failure.
  • The MFK government is blamed for lacking political will, with the CBS cited as a scapegoat for the inaction.
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