Santo Domingo.- The Chamber of Deputies on Tuesday agreed to amend Dominican Social Security System Law 87-01, to cap the earnings of the pension fund administrators at 15 percent
The bill authored by deputies Néstor Julio Cruz and Ramón Cabrera was approved unanimously with 144 votes and will now go to the Senate.
Chamber of Deputies president Abel Martínez said the measure forms part of the lawmakers’ responsibility to benefit the majority. "If the shoe fits, wear it, because we’re going to continue legislating in favor of the poorest, for the large majorities of the country, regardless of any sector."
The piece however, faces a tougher fight in the Senate, where the Pension Fund Administrators have more influence.