Economy
Economy March 10, 2016 | 8:25 am
Legislation slashes pension fund managers’ profits from 30% to 15%
Santo Domingo.- The Chamber of Deputies on Wednesday passeda bill in two roll calls that slashesthe Pension Fund Administrators’ (AFP) annual profits from 30% to 15%.
The bill had been passed in the previous legislature, but wasabout to expire. It will now go to the Senate.
The legislation amends Dominican Social Security System Law87-01, and stipulates that all pension benefits ... Read more






