This paper was prepared by Agnes Matits, a pension actuary in Hungary. It is based on a report which was part of a project supported by the European Union. The purpose of this report was to detect the features of social security systems in the region in order to find some possible steps towards harmonization of social security systems within the CARICOM, the community of 15 English-speaking countries in the Carribean region. The paper gives a summary of main characteristics of public pension schemes in the CARICOM member states giving a picture of the similarities and differences among them. It shows a measure on the different risk factors of public pension schemes and finally some recommendations are framed in order to help the harmonization processes.