Dominican Republic's Pensions Superintendency (SIPEN) published an update on pension fund performance, reporting that the average annual return on Individual Capitalisation Accounts (CCI) was 9.4% at end-April 2025, broadly in line with its historical average. The average return for the Dominican Pension System, including other pension plans and the Social Solidarity Fund, was 9.6% over the same period. The update stated that returns delivered by Pension Fund Administrators (AFPs) have historically exceeded other investment alternatives in the Dominican market, including brokerage houses and banks, and that AFPs’ historical real returns are the highest in the region, more than two percentage points above the Latin America average. SIPEN also noted that pension fund investments are subject to market conditions and that short-term variations are normal, emphasising that affiliates should focus on long-term accumulated performance as reflected in the growth of their account balance over time.
Pensions Superintendency (SIPEN) 2025-05-22
Dominican Republic's Pensions Superintendency reports pension fund returns of 9.4% for individual accounts through April 2025
The Dominican Republic's Pensions Superintendency (SIPEN) reported a 9.4% average annual return on Individual Capitalisation Accounts (CCI) as of April 2025, aligning with historical averages. The Dominican Pension System's overall return was 9.6%, with Pension Fund Administrators (AFPs) outperforming other local investments and achieving the highest historical real returns in the region. SIPEN emphasized focusing on long-term performance despite short-term market fluctuations.