{"id":487475,"date":"2025-10-20T13:52:29","date_gmt":"2025-10-20T17:52:29","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/fdc-calls-for-the-application-of-unemployment-insurance-and-the-elimination-of-severance-pay-as-a-double-burden-for-msmes\/"},"modified":"2025-10-20T13:52:29","modified_gmt":"2025-10-20T17:52:29","slug":"fdc-calls-for-the-application-of-unemployment-insurance-and-the-elimination-of-severance-pay-as-a-double-burden-for-msmes","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/uncategorized\/fdc-calls-for-the-application-of-unemployment-insurance-and-the-elimination-of-severance-pay-as-a-double-burden-for-msmes\/","title":{"rendered":"FDC calls for the application of Unemployment Insurance and the elimination of severance pay as a &#8220;double burden&#8221; for MSMEs"},"content":{"rendered":"<strong>Santo Domingo. <\/strong>\u2013 The president of the Dominican Federation of Merchants (<a href=\"https:\/\/www.instagram.com\/federaciondecomerciantes\/\" target=\"_blank\" rel=\"noopener\">FDC<\/a>), Iv\u00e1n de Jes\u00fas Garc\u00eda, issued a warning to the National Congress regarding the reforms to the Labor Code and the Social Security Law, stating that the current severance pay has become an obstacle to the creation of new jobs and to the stability of micro, small and medium-sized enterprises.\n\nDuring his speech at the 51st anniversary of the FDC, Garc\u00eda recalled that Law 87-01 contemplates the substitution of severance pay for Unemployment Insurance, which should have been applied since 2003, but that &#8220;more than 22 years have passed without it being fulfilled&#8221;.\n\n&#8220;We are paying double. Severance pay no longer makes sense because Unemployment Insurance fulfills that function. We need the accumulated labor liability to be recognized and for us to be able to reserve those funds transparently,&#8221; said the union leader.\n\n\n<p class=\"wp-block-paragraph\"><strong>You can also read<\/strong>: <a href=\"https:\/\/ab.deultimominuto.net\/nacionales\/ocupan-siete-paquete\/\" target=\"_blank\" rel=\"noopener\">Two men arrested and seven packages presumably of cocaine seized<\/a><\/p>\n\n\nThe FDC president proposed a transition scheme in which employees receive 33% annually of the accumulated values over three years, and then the insurance that would replace severance pay comes into effect.\n\nHe also warned that merchants are willing to defend their rights in the face of a lack of listening in Congress.\n\n&#8220;If lawmakers do not take our proposals into account, we could call for a national strike. Unemployment is the main obstacle to generating new jobs. You cannot legislate behind the back of the sector that produces the most jobs,&#8221; said Garcia.\n\nAccording to figures from the FDC, trade and services represent 33% of quality jobs and contribute more than 60% of the country&#8217;s tax revenue, with MSMEs responsible for 78% of jobs with less than ten workers.","protected":false},"excerpt":{"rendered":"<p>Santo Domingo. \u2013 The president of the Dominican Federation of Merchants (FDC), Iv\u00e1n de Jes\u00fas Garc\u00eda, issued a warning to the National Congress regarding the reforms to the Labor Code and the Social Security Law, stating that the current severance pay has become an obstacle to the creation of new jobs and to the stability [&hellip;]<\/p>\n","protected":false},"author":133537,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[1],"tags":[],"class_list":["post-487475","post","type-post","status-publish","format-standard","category-uncategorized"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-22Ov","jetpack_featured_media_url":"","dum_api":{"author_name":"Paola Castillo","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/10\/cropped-paola-castillo-f-96x96.jpg","categories_name":["Uncategorized"],"featured_media_url":null},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/487475","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/133537"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=487475"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/487475\/revisions"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=487475"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=487475"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=487475"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}