United Progressive Party (UPP) Leader Jamale Pringle has put forward a "win-win" Social Security investment programme aimed at increasing returns for contributors while channelling funds into national development projects. According to Antigua News Room, Pringle outlined the proposal at a campaign rally, arguing that more strategic use of Social Security funds would deliver stronger financial returns and improve long-term sustainability of the system.
Pringle said the plan would prioritise investments within Antigua and Barbuda, enabling the fund to simultaneously support economic activity and generate income for beneficiaries. He argued that Social Security resources should "work for the people" rather than remain underutilised.
Under the proposed framework, investments would target productive sectors capable of creating employment and driving economic expansion. The intent, Pringle explained, is to establish a reinforcing cycle in which national development strengthens the fund, and the fund in turn supports the broader population.
Pringle also raised concerns about the adequacy of current pension levels, contending that improved investment performance is essential to delivering better outcomes for retirees.
He acknowledged that no specific projects have been identified at this stage, but stressed that any investment decisions would be carefully structured to balance risk and return, safeguarding contributors' funds while maximising benefits.
The Social Security proposal forms a central part of the UPP's broader campaign platform, which has focused on economic relief, income security, and raising the standard of living for workers and pensioners.
Pringle said the initiative would transform Social Security into a more active driver of economic growth while delivering meaningful returns to those who depend on it.
