The Dominican Republic's Social Security Treasury has issued Resolution No. 01-2024, which sets the national minimum wage and contribution basis caps for social security purposes. The national minimum wage is DOP 19,352.50 and, based on this, the contribution basis caps are as follows Occupational (labor) risks insurance - DOP 77,410.00 (4 times minimum wage); Family health insurance - 193,525.00 (10 times minimum wage); and Old age, disability, and survivors' insurance (pensions) DOP 387,050.00 (20 times minimum wage). The national minimum wage and contribution basis caps are effective from February 2024.