APS has a board of four members in which employers and employees are represented. There is an independent chair. The board members are appointed for a term of five years and can be reappointed. Before their appointed, they are assessed by the Central Bank of Curacao and Sint Maarten, which is the supervisor of APS. In addition, APS comes under the control of the National Audit Office.
APS serves nearly 2,700 active participants, nearly 600 former participants and more than 1,100 pensioners. Total assets of the fund stood at Afl. 747 million as at the end of 2019.
APS has an investment committee. Its members are appointed by the Minister of Finance at the advice of the board and with consent of the Central Bank of Curacao and Sint Maarten.
The task of APS is to execute the Pensioenlandsverordening overheidsdienaren (National pension ordinance for civil servants). APS is allowed to execute the pension plan of other public institutions within the Kingdom of the Netherlands provided that an agreement has been made for this and the board has been authorized to execute this plan. APS is not allowed to manage a fund for manual workers. Neither is it allowed to conduct insurances other than pension. The daily management of the fund is the responsibility of two general managers who report to the board.