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NewsWhore
08-08-2011, 02:40 PM
Pension funds increased by 13% in the first semester of this year, as reported by the Superintendence of Pensions (Sipen). As of 30 June, the funds in the pension plans reached RD$136.05 billion, an increase of RD$15.7 billion over the 31 December level. Some 2,464,711 people contribute to the fund. This includes 46% under the age of 35, 48% aged 35-59 and 6% over the age of 60. Of the total, 57% are men and 43% are women.

As reported, of the total, 64.3% earn up to two minimum wages (approx RD$15,000), 31.4% earn up to RD$45,000 and 8.6% make more than RD$45,000.

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