HomeCosta RicaPresident of the Costa Rican Social Security Fund pledges to strengthen it

President of the Costa Rican Social Security Fund pledges to strengthen it

Alvaro Ramos was appointed as executive president of the Costa Rican Social Security Fund. On May 9, Dr. Román Macaya, who served as executive president during the 2018-2022 period, symbolically handed over the “key” to the new leader of the institution.

The newly-appointed executive president graduated as economist from the University of Costa Rica, has a PhD in economics from the University of California at Berkeley and was selected by the President, Rodrigo Chaves, to serve as for the 2022-2026 period. He has worked as Superintendent of Pensions and at the International Labor Organization in Switzerland. He has also held the position of Vice Minister of Finance.

Ramos reaffirmed his commitment to work towards strengthening Costa Rica’s Social Security. “I am here to work very hard. My commitment for the coming years is to strengthen the Fund as much as possible,” he expressed.

He also mentioned that during his administration he will develop a strategy “so that the institution sees the 22nd century healthy and strong.” “Beyond a commitment to Costa Rican society, I have a commitment to my daughters; I want to give them a better country and a better country consists of a Fund that is stronger every day.”

Alvaro Ramos also explained part of his work will consist in making decisions to guarantee institutional long-term sustainability. Thus, population aging will be one of the challenges that will mark his work throughout the administration.

He emphasized “population aging is a challenge that can be faced.” Nonetheless, the changing employment scenario, where people work for irregular short periods of time, along with aging “implies an enormous challenge for the financing of social security throughout the world.”

Dr. Roberto Cervantes Barrantes, general manager of the institution, also participated in the ceremony and welcomed the new head of the organization. “Dr. Ramos has been entrusted to lead the most important institution in Costa Rica. A distinguished institution, a symbol of solidarity, equity and an undeniable pillar in the pursuit of social peace in our country,” he said.

“I am sure that under his leadership we will move forward in strengthening our institution with our eyes always focused on our users and their needs,” he reassured.  

Dr. Román Macaya Hayes, who served as executive president during the 2018-2022 period, highlighted Ramos’ knowledge, experience and institution’s mystique.

“You are assuming one of the most important positions in Costa Rica. But I want to tell you, with all my heart, that you are going to find the solutions to the great challenges the institution faces, there are extraordinary people working in the Fund, with an impressive preparation and who work with a great mystique because they know what their profession means,” Macaya concluded.

Trending Now

Costa Rica Plans Highway Cameras and Radar Every 1.5 Kilometers on San Ramón Route

Drivers on the widened highway between San José and San Ramón would be watched by cameras and radar sensors at least every 1.5 kilometers...

Costa Rica Plans Blue Zone Seal and Wellness Tourism Push for Nicoya

Costa Rica plans an official Blue Zone seal and three Nicoya wellness tourism products by 2028, plus new care for centenarians.

Gota a Gota Extortion Cases Keep Climbing in Costa Rica, OIJ Data Show

Extortion complaints tied to gota a gota loans in Costa Rica hit a record 935 in 2025, and 2026 is close behind.

Your 2027 Marchamo Is Due and the New Sticker Can Only Go On Once

The 2027 marchamo is due by Dec. 31, with a new 10-year sticker you can only stick on once.

Lufthansa to Drop Costa Rica Route in 2027 as Sister Airline Adds More Flights

German airline Lufthansa will stop operating its flights to Costa Rica in December 2027, but travelers will not lose the connection to Europe. Instead,...

Usher Returns to Costa Rica and Shares Photos of Guanacaste Getaway

Eight-time Grammy Award winner Usher has returned to Costa Rica, spending several days enjoying the beaches, tropical scenery, and luxury resorts of Guanacaste before...

Thinking of Moving to Costa Rica? Put Puriscal at the Top of Your List

Anyone who has lived in Costa Rica for a while knows the question. A friend, a relative or a stranger online is thinking about...

Your 2027 Marchamo Is Lower if You Drive a Private Car

If you drive a private car, your 2027 marchamo is probably a little cheaper than last year's. The National Insurance Institute (INS) puts the...

Costa Rica Reopens Cambronero Highway After Nearly Two-Months

Costa Rica has reopened the Cambronero section of Route 1, restoring an important highway connection between the Central Valley and the Pacific coast after...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel