SZV management decided that the policy that became effective September 1, 2022 regarding insurance entitlement for Director Majority Shareholders, would remain in place until further notice. ‘Directors who were registered at SZV as insured employees up until September 1, 2022, will maintain their insurance at SZV if they wish’ (Sint Maarten)
On July 17, 2024, management of Social and Health Insurances of Sint Maarten (Uitvoeringsorgaan Sociale Ziektekosten Verzekering, hereafter: SZV) has decided that the ‘DMS policy’ (the policy re insurance entitlement for Director Majority Shareholders) that became effective September 1, 2022, would remain in place until further notice. This has been announced with a news release on SZV’s website. According to the announcement of SZV’s website, this means ‘that nothing changes ...
USZV announces updated policy re Statutory Director entitlement to ZV, OV and Cessantia (Sint Maarten)
Social and Health Insurances of Sint Maarten (Uitvoeringsorgaan Sociale Ziektekosten Verzekering, hereafter: USZV) has announced an updated policy regarding the status of the Director Majority Shareholder for purposes of the employee insurances (‘werknemersverzekeringen’). The updated policy will become effective September 1, 2024. Click here to go to the announcement on USZV’s website. It concerns the following employee insurances: the Sickness Insurance (ziekteverzekering, ZV), the Accident Insurance (ongevallenverzekering, OV) and the ...
New policy USZV re (statutory) director entitlement to ZV, OV and Cessantia effective 1 September 2022 (Sint Maarten)
The Executive Body of the Social and Health Insurances (Uitvoeringsorgaan Sociale Ziektekosten Verzekering, hereafter: USZV) has published a news release on its website informing the public of the new policy regarding the status of the ‘Director Majority Shareholder’ (DMS) for purposes of the Sickness Insurance (Ziekteverzekering, ZV), the Accident Insurance (Ongevallenverzekering, OV) and the Cessantia. The effective date of this new policy is September 1, 2022, however with certain grandfathering rules ...
Effective March 1, 2022 SZV no longer uses postal mail to deliver assessments for ZV/OV premiums. Requests to process ‘nihil declarations’ to be submitted via Employer Portal (Sint Maarten)
Effective March 1, 2022: SZV will no longer use postal mail to deliver employer assessments (aanslagen) for ZV/OV premiums. These assessments will only be made accessible and printable through the Employer Portal. In this way, the employer's administration with SZV is transparent and accessible, making it easier for to take the necessary actions, in a timely manner. Furthermore, requests to process ‘nihil declarations’ via e-mail will no longer be accepted ...