The National Social Security Council (CNSS) has approved a harmonized proposal to return payments made into the system plus accrued interest to contributors who registered for the pension funds at 45 years of age or more and who lose their jobs before reaching retirement age. The CNSS also approved returning payments made into the system to terminally ill people who are certified by the CNSS.
In both cases, the contributors may not have completed the required minimum of 360 months of payments into the system for receiving of a pension at the retirement age of 60, as established in Social Security Law 87-01. The payments system began in 2003.
Resolution 350-02 to this effect establishes that early retirement can be received in one lump sum in the case of terminally ill people. In the case of affiliated who registered at the age of 45 or over, beneficiaries can opt to receive contributions paid into the system plus interest accrued in one lump sum or scheduled payments that will not be less than minimum wage if the accumulated sum is determined to be enough. Article 39 of the Social Security Law 87-01 establishes that the government would provide the difference if the amount paid into the system is not enough.
The Superintendence of Pensions needs to prepare the administrative procedure for refunding the contributions made by affiliates within the next 60 days.
http://www.diariolibre.com/noticias/2014/08/28/i767151_devolvern-aportes-afiliados-ingreso-tardo-con-enfermedad-terminal.html