Aiding education

[NewsWhore]

The Senate has passed a bill that modifies the Dominican Social Security System so that up to 5% of pension funds can be used in technical and higher education programs. Hoy explains that the bill will stipulate that the National Social Security Council will make sure the Pension Fund Administrators (AFP) place 5% of their reserves in financial institutions. The funds will then be used for students who have A-grade averages in technical studies or at university. All is left now is for President Fernandez to sign it into law.

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