2024News

Upon retiring, 75% of Dominicans will get only 20% of their wages

The reminder note in Noticias SIN could not be more grim. 75% of those in the National Social Security Retirement Plan will only receive 20% of their wages once retiring.

The retirement plans are run by the big banks that have very high yields. Most of the funds in the pension plans are lent to the government.

Read more in Spanish:
Noticias SIN

12 March 2024