The Dominican Republic's Pensions Superintendency (SIPEN) reported on its participation in regional meetings on the future of pension funds, sustainable investment, artificial intelligence in supervision and policies to accelerate labor formalization. The discussions covered the implications of the regional macroeconomic environment for long-term asset management and the use of pension reforms and social protection policy to support formal employment. Pension investment sessions focused on portfolio diversification across fixed income, equities and alternative investments, long-term asset allocation and the integration of environmental, social and governance criteria. Participants also examined the use of AI for early detection of risks and regulatory breaches, process automation and data analysis, alongside data governance, ethical and cybersecurity risks. Labor formalization discussions addressed workers with intermittent careers, including independent, domestic and digital platform workers, as well as contribution enforcement through integrated data, risk analysis and institutional coordination. Regional contributory coverage rose from 38% in 2004 to 46% in 2024, while the Dominican Republic reduced informality by more than 12 percentage points, although contribution gaps continue to impede pension eligibility.

Original source