Spanish
It is still under analysis, among all sectors, a modification to Law 87-01 created the Dominican Social Security System (SDSS), to guarantee more and better pensions to affiliates, as well as the sustainability of the system.
The modification, which is not yet in Congress, is being analyzed by the business sector, which was presented with a first draft, in search of consensus and opinions prior to its deposit in the National Congress.
One of the main objectives of the modifications is to guarantee, to more than 2 million affiliates, that the amount of their pension will be for life and adjusted for inflation, according to the Superintendent of Pensions, Francisco Torres.
They also seek to ensure that at least 3 out of every 10 current workers receive a pension of 100% of their last salary and that up to half of the workers can reach 70% of their last salary.
Likewise, with the modifications under discussion, if finally approved, Improve pensions by 25% - 50%.
With the current system, people who do not meet the 30 years of contributions would receive pensions calculated based on the accumulated funds, which are divided into monthly installments for a determined period.
Regarding the retirement age, Superintendent Torres made it clear that it will remain at 60 years for all current members of the system.
