Opposition says government dishes out cushy pensions to gain supporters

Dolores

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Feb 20, 2019
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An ongoing debate on who gets a cushy government pension disguises the reality that pension plans in the DR for the general public suck. In the Dominican Republic, financial institutions control and have impeded improvements to the pension law to increase the pensions people receive at retirement. The general public in the social security system will receive at retirement around 25% of the last earned wages and retirees lose their health plans.

This low level of compensation at retirement does not apply to officers at several government entities, including the Central Bank or National Congress or the state university UASD. All those entities have pensions that are similar to the earnings of the person when on the job and in most cases, those who retire get to keep their generous health plans.

The other way to get a cushy pension is to get a special one, allowed by provisions...

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