Pension plans in the dr

j&t's future

Bronze
Mar 6, 2007
2,502
27
48
Can you invest in a pension plan in the Dominican Republic, you know, pay x amount every month and get an income when you're say 65/70?
 

jruane44

Bronze
Jul 2, 2004
1,025
44
0
A, A
Not sure but I think you are better off investing your money in something safer than the Dominican government.
 

DRob

Gold
Aug 15, 2007
8,234
594
113
Are you somehow precluded from buying an annuity or purchasing dividend stocks in the global markets?
 

Mauricio

Gold
Nov 18, 2002
5,607
7
38
Talking about pension plans...these days there is a message going round that TSS is paying back too much paid money to participants that paid too much over the past years. A total of 300,000,000 pesos divided over in total 30,000 contributors. Mostly people that had more than one job at once. I'd never expect DR government or related institution would return too much paid money.*
 

Mauricio

Gold
Nov 18, 2002
5,607
7
38
Talking about pension plans...these days there is a message going round that TSS is paying back too much paid money to participants that paid too much over the past years. A total of 300,000,000 pesos divided over in total 30,000 contributors. Mostly people that had more than one job at once. I'd never expect DR government or related institution would return too much paid money.*



https://remolacha.net/sobre-el-video-viral-de-la-devolucion-de-dinero-de-la-tss/
 

windeguy

Platinum
Jul 10, 2004
42,211
5,966
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Keep in mind that any investment in DOP based investments face the potential for losses over time based upon FOREX rates. What looks like a good return, could actually be a loss.