Employee Benefits in the Dominican Republic 2018

Market: Financial Services

Dominican Republic, 43 pages report, published by GlobalData

Report ThumbnailMay-2018
Employee Benefits in the Dominican Republic 2018

Summary

The Dominican Republic has a comprehensive social security system. There are three schemes under which social security benefits are granted to the country’s residents and citizens: a contributory scheme that covers employees; a contributory subsidized scheme for self-employed individuals and technicians that is yet to be implemented; and a fully subsidized scheme that covers unemployed and severely disabled persons who do not have a stab

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  • List of Figures
  • Figure 1: Dominican Republic - Main Institutions of Social Security System
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  • List of Tables
  • Table 1: Insurance Industry Definitions
  • Table 2: Dominican Republic - Country Statistics
  • Table 3: Contribution - Workmen’s Compensation
  • Table 4: The Dominican Republic - Public Holidays
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  • Table of Contents
  • 1 EXECUTIVE SUMMARY
  • 2 INTRODUCTION
  • 2.1 What is this Report About?
  • 2.2 Definitions
  • 3 COUNTRY STATISTICS
  • 4 OVERVIEW OF EMPLOYEE BENEFITS IN DOMINICAN REPUBLIC
  • 5 REGULATIONS
  • 6 STATE AND COMPULSORY BENEFITS
  • 6.1 Retirement Benefits
  • 6.1.1 Introduction
  • 6.1.2 Types of Retirement Plan
  • 6.1.3 Eligibility
  • 6.1.4 Age
  • 6.1.5 Pensionable salary
  • 6.1.6 Benefits
  • 6.1.7 Payment options
  • 6.1.8 Typical employer practice
  • 6.1.9 Employee and employer contributions
  • 6.1.10 Taxation
  • 6.2 Death in Service
  • 6.2.
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