The National Social Security Council (CNSS) issued a resolution that authorizes the return of more than RD$7 billion to more than 25,000 workers who, because of their age when entering the social security system created by Social Security Law 87-01, do not qualify to receive a pension.
Labor Minister Luis Miguel De Camps says Resolution 545-01 resolves the legal limbo regarding the return of the contributions by the aging persons. Now those who reaching the age of 60 years without making the lawful contributions to the system can enjoy the benefit of their savings in the system.
He explained there were many obstacles for qualifying persons to be reimbursed for their contributions in the past. The contributors were required to be unemployed for years and unable to work, among other conditions.
De Camps presides the National Social Security Council (CNSS). He said that after the passing of Resolution No. 545-01, the funds will be available following a 45-day preparation period.
This resolution also orders that persons suffering from a terminal illness, as certified by the Superintendence of Insurance, will now be able to qualify to receive the payback of their contributions.
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El Dia
15 June 2022