Self Employed Contributors Commended
Basseterre, St. Kitts, March 4th, 2021 (ZIZ News) Minister of Social Security Hon. Eugene Hamilton has commended self-employed persons who continue to make contributions to the fund to ensure a safe financial future.
Minister Hamilton was at the time addressing the nation on the 43rd anniversary of the St. Christopher and Nevis Social Security Board on February 1.
“I commend also those self-employed persons who remained vigilant and diligent throughout the years, and who can now boast of a pension earned solely from self-employed contributions. The example of your deserving qualification for pensions should serve as an inspiration and motivation for others to do likewise, and to put themselves in a position to proudly extend their hands for their own just rewards.”
Minister Hamilton also used the opportunity to encourage self-employed persons to register and remain up to date with payments.
“On July 1st, 1996, Social Security extended its coverage to the self-employed: a sector that continues to grow despite the economic downturn. I take this opportunity to commend you who are self-employed and implore you to not only register but to remain compliant at all times. Your failure to do so could result in hardships later on in life.”
This year marks the 25th anniversary of the introduction of Self-Employed Coverage.