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Pensions at a Glance

Latin America and the Caribbean

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This comprehensive examination of pension systems in Latin America and the Caribbean looks at recent trends in retirement and working at older ages, evolving life expectancy, design of pension systems, and pension entitlements before providing a series of country profiles. The special chapter analyses the coverage and adequacy of Latin American pension systems.

 

 

English Spanish, Portuguese

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Dominican Republic

The pension system is a contributory scheme, based on individual capitalisation accounts. All workers, both public and private, and their employers must contribute to their respective capitalisation accounts and must pay an insurance premium for disability and survivor coverage. A minimum pension is guaranteed.

English

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