Retirees claimed that $13.5 million from the fund was spent on purchasing 18.5 hectares of land but that the land is only worth about $1.5 million. They pointed out that the numbers suggest that $12 million should have remained in the fund. Last Tuesday a group of retirees presented a petition to the chairman of parliament, Ashwin Adhin, to explain that the decision regarding the purchase of the land was made without the consent of the entire management team but that Suralco and the watchdog of the fund namely the Central Bank of Suriname gave their approval. They made it clear that this has put the future of pension payments at risk. The retirees demand parliamentary intervention to undo the purchase and to repair the fund. Glenn Georgetin, spokesman of the group, insisted that the money belongs to the retirees and that it must therefore be reclaimed. The retirees also complained that before the end of 2024, they were promised a 15% raise of their pension but that they still have not received any extra money. Since the start of 2024 more than 70 retirees have passed away without having enjoyed the benefits of the monthly contributions that they made to the Pension Fund of Alcoa Minerals of Suriname.