On December 11, 2024, a worker from Blue Pacific Enterprises, Inc. suffered a fatal fall at a construction site and later died, sparking a dispute over the lack of workers’ compensation coverage. Despite previous warnings for non-compliance, the company denied employment of the deceased, leading MISSA to file legal action for failing to pay due compensation and benefits.
The Marshall Islands Social Security Administration (MISSA) is accepting bid proposals from interested Financial Advisors and Investment Consultants for Investment Advisory Services.
The new MISSA Board has appointed four of its members and the Administrator to serve as core members of the Administration’s Investment Committee. The Committee’s role is one of strategic direction and oversight of MISSA’s investments, both locally and outside the country. It is responsible for the operational implementation and execution of its Investment Policy Statement.
At its meeting on June 21, 2024, the Cabinet appointed six (6) new members of the MISSA Board, namely: 1. Mr. Mothy Jabot Andrew, Retiree 2. Mrs. Sophia Adele Fowler, Worker 3. Ms. Daisy Pedro, Other person 4. Mr. Elson Helkena, Other person 5. Mr. Michael Sawej Other person 6. Dr. Dustin Maita Bantol, Kwajalein Atoll
In 2023, the Marshall Islands Retirement Fund grew significantly, reaching a market value of $75.49 million, while establishing an Investment Committee for proactive oversight.
MISSA is acquiring source codes from ROPSSA to modernize its database system as per the Administration’s directive.
Join us in congratulating Adrian Joe and Almitha Mckay on their promotion to Tax Compliance & Audit Manager and Assistant Tax Compliance & Audit Manager positions, respectively.
During its meeting today (Oct. 12, 2023), the MISSA Board (a.k.a. Workers’ Compensation Board) approved the offer from the two participating insurers, for a 20% reduction in the premium rates for Workers’ Compensation insurance coverage.
In its meeting held on September 25, 2023, the Cabinet has concurred with the MISSA Board’s appointment of Bryan Edejer as the new Administrator of the Marshall Islands Social Security Administration (MISSA).
MISSA (the Administrator of the RMI Workers’ Compensation Program) is pleased to officially announce the launch of the Workers’ Compensation website! The new site is now available online through this link: www.rmiworkcomp.org.