No, employees of Governmental agencies are also covered by the Pension Fund. To date these are: Anguilla Tourist Board, Anguilla Development Board, Health Authority of Anguilla, Water Corporation of Anguilla, Anguilla Financial Services Commission, Anguilla Community College, Anguilla Air and Sea Port Authority, and Public Utilities Commission.

All persons holding a pensionable office must make a monthly pension contribution. A pensionable office is one that has been gazetted (Section 1).

Pension contribution is 3% of your gross monthly salary. Rates can be changed upon review by an Actuary. Section 30 (1) & (2).

A Pension Refund is paid to persons who have served and contributed for a period less than 10 years (Section 43).

All cheques can be collected at the Pension Fund Office.

Upon attaining the Normal Retirement age you qualify for a pension (Section 35 & 36). There are some special cases listed in Section 6 of the Pensions Act that allowed Early Retirement with approval from the Governor (Section 35)

Yes, your respective employer makes an equal match of 3% on a monthly basis (Section 31).

No. Allowances received in addition to monthly salary are not subject to the 3% pension deduction. This includes any acting allowances.

If you were employed in the public service before January 1, 2004, your retirement age is 60 years. If you were employed in the public service on or after January 1, 2004, your retirement age is 65 years (Section 1).

If you have been employed for 10 years or more, you can opt to receive a discounted gratuity and a deferred pension. The discounted gratuity is paid on the effective date and the pension is deferred until the normal retirement age. Persons with less than 10 years will receive a refund of contributions.

If the employee desires to have his or her prior years count, there is an option for repayment outlined in Section 44(1a &b). If the employee does not desire to have the prior years of service count, there is no obligation to repay the amount refunded.

Yes, Maximum pension is 2/3 of pensionable emoluments (Section 12 and 40).

Service prior to 2004 the yearly accrual rate is 2% and for service from 2004 onwards is 1.25% per year of service.

Gratuity is a one-time lump sum payment. It is calculated by multiplying the annual full pension by 12.5 and you receive 25% of this figure. Opting for gratuity reduces your annual pension to 75% of the full annual pension (Section 56).

In the case of death of Pensioners or Contributors, their benefits will be payable to their spouse, dependent children or Legal personal representative. Part 3, Section 59 (1- 8) provides details.

Yes, you can continue to contribute to the Pension Fund. Section 33 (1&2) of the Pensions Act, outlines the options for payment while on leave without salary for illness or pregnancy and leave for special or educational purposes.

To apply for a Pension Loan you must be a Contributor of the Public Service Pension Fund and have been employed for at least two (2) years.

Contributors can borrow up to 75% of their total contributions to the Pension Fund. The minimum loan amount is EC$1,000.00.