The Dominican Republic's Pensions Superintendency (SIPEN) published remarks by superintendent Francisco A. Torres stating that the pension system does not maintain “inactive accounts”; rather, some affiliates are not currently contributing while their individual accounts continue to be managed as active. Torres said an account would only cease to be active when its balance is zero and noted that even after retirement the account remains active and can keep accruing value while pension payments are withdrawn. He also reiterated that SIPEN is not responsible for setting public policy but acts as a research and convening body, citing a recent pension debate it organised with the World Bank and the Inter-American Conference on Social Security, supported by the Institutionalism and Justice Foundation, and framed the podcast appearance as part of SIPEN’s public education and information agenda.
Pensions Superintendency (SIPEN) 2025-08-06
Dominican Republic's Pensions Superintendency clarifies pension accounts are not treated as inactive when contributions stop
The Dominican Republic's Pensions Superintendency (SIPEN) clarified that the pension system does not have "inactive accounts," as accounts remain active unless their balance is zero. Superintendent Francisco A. Torres emphasized SIPEN's role as a research and convening body, not a policymaker, highlighting its recent collaboration with the World Bank and other organizations in a pension debate.