With 70% invested in government CDs and bonds issued by the Central Bank and the Ministry of Hacienda, the pensions of the Dominican System of Pensions have reached RD$455,322.1 million as of 31 March 2017, according to Bulletin 55 of the Superintendence of Pensions (SIPEN).
Of the total, RD$449,873.5 million corresponds to individual accounts of workers affiliated to the Dominican System of Pensions, or 98.8%.
Of the RD$455 billion, RD$187,280.06 million or 45.32% is invested in Central Bank certificates of deposit. Another RD$111,542.33 million, 27%, is invested in Ministry of Hacienda bonds.
Of the remainder:
RD$86,425.79 (20.9%) in investment portfolios of commercial banks; RD$14,635.76 million (3.6%) in debt securities of private companies; RD$10,453.61 million (2.5%) in savings and loan associations;
RD$839.04 million (0.2%), in savings and credit banks;
RD$1,253.65 million (0.3%) in investment funds;
RD$534.87 million (0.1%) in multilateral organizations
RD$221.64 million (0.5%) in the National Exports Bank (Bandex).
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SIPEN
19 June 2017
