DR1 Daily News - Dominican Republic

Financial group-owned pension plan administrators are reporting billions in earnings, while those retiring on these plans feel they are being shortchanged. The pension plans paid are so low the government is spending billions on awarding complementary pensions to selected beneficiaries to compensate for the low pensions in the system. Big banks and financial companies control the AFPs.

A new comprehensive study released on Wednesday, 18 March 2026, reveals that the Dominican Republic’s Pension Fund Administrators (AFP) recorded profits of more than RD$5.93 billion in 2025. This financial success comes despite the grim outlook for contributors, whose future pensions are projected to be uncertain and, on average, will not exceed 30% of their final working wages. The situation at retirement is not worse because workers still get their severance payments from many companies.

The “Analysis of...