Dominican Republic: Minimum wage for social security contributions
Contribution threshold for family health insurance, labor risks insurance, and the old age, disability and survivors insurance
Contribution threshold for family health insurance
The Dominican Social Security Treasury (TSS) issued Resolution No. 1-2024, which sets forth the minimum wage for purposes of calculating the contribution threshold for family health insurance, labor risks insurance, and the old age, disability and survivors insurance, of the contributory regime of the Dominican Social Security System (SDSS).
- The amount of the national minimum wage is fixed at RD $19,352.50, which would be effective as of the 1 February 2024.
- The payroll contribution threshold of the contributory system of the SDSS for such insurance policies would be the following:
| Contributory Regime | Effective 1 February 2024 |
Labor Risks Insurance |
RD $77,410 |
Family Health Insurance |
RD $193,525 |
Old Age, Disability and Survivors Insurance |
RD $387,050 |
For more information, contact a KPMG tax professional in the Dominican Republic:
José Manuel Romero | joseromero1@kpmg.com
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