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February 8, 2023
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Men contribute more in the DR pension system

Men contribute more in the DR pension system

Historically, the men lead the quotes in the Dominican Pension Systemhighlights the Ministry of Economy in a recent report on the macroeconomic situation that disaggregates data by gender.

The reason he argues for the gap between women and men is that it may be due to the longer permanence of men in formal jobs that retire.

In December last year, the proportion of contributors by gender was 47.8% in the case of women and 52.2% men, equivalent to 965,622 and 1,055,375 people, respectively.

On the minimum contributable salary of the Superintendency of PensionsOn average, the men and women who contribute earn a similar salary.

In December, the Ministry of Economy indicates that women had an average monthly salary of 30,237.5 pesoswhile men recorded 29,887.8 pesos, 349.7 pesos lower than that of women. This represents a difference of 2,902.3 pesos and 3,138.0 pesos compared to December 2019, a pre-pandemic period.

infographic

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family insurance

There is one exception that highlights the Ministry of Economy in social security in which women are more: the Family Health Insurance.

It indicates that, as of December 2022, the total number of people affiliated with the Family Health Insurance represented 97.3% of the national population. Of this group, 49.8% were men and 50.2% women.

The macroeconomic situation report details that, in terms of affiliates to the Occupational Risk Insurance (SRL), 53.07% are men and 46.3% women.

He adds that, compared to November 2022, women added in December 4,730 new affiliatesfor a total of 1,052,730 compared to 1,221,464 male affiliates, whose increase was 2,624 during the same period.

It adds that, in October 2022, men affiliated with the old age insurancedisability and survivorship represented a higher proportion than that of women.

Working market

Women are more represented in care occupations, while men are in sectors with high levels of informality and low-skilled labor.

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