UNITED STATES DISTRICT COURT 

FOR THE DISTRICT OF PUERTO RICO

In re: 

THE FINANCIAL OVERSIGHT AND 

MANAGEMENT BOARD FOR PUERTO RICO, 

as representative of

THE COMMONWEALTH OF PUERTO RICO, THE

EMPLOYEES RETIREMENT SYSTEM OF THE

GOVERNMENT OF THE COMMONWEALTH OF

PUERTO RICO, AND THE PUERTO RICO PUBLIC

BUILDINGS AUTHORITY,

Debtors.1

PROMESA 

Title III 

No. 17 BK 3283-LTS 

(Jointly Administered) 

DECLARATION OF JOCELYN VILLANUEVA RODRIGUEZ IN SUPPORT OF 

TEACHERS’ ASSOCIATIONS’ MOTION FOR STAY PENDING APPEAL 

REGARDING: ORDER AND JUDGMENT CONFIRMING MODIFIED EIGHTH 

AMENDED TITLE III JOINT PLAN OF ADJUSTMENT OF THE COMMONWEALTH 

OF PUERTO RICO, THE EMPLOYEES RETIREMENT SYSTEM OF THE 

GOVERNMENT OF THE COMMONWEALTH OF PUERTO RICO, AND THE 

PUERTO RICO PUBLIC BUILDINGS AUTHORITY [DOCKET NO. 19813]

I, Jocelyn Villanueva Rodriguez, pursuant to 28 U.S.C. § 1746, hereby declare under penalty of 

perjury that the following is true and correct to the best of my knowledge, information and belief:

1 The Debtors in these Title III Cases, along with each Debtor’s respective Title III case number 

and the last four (4) digits of each Debtor’s federal tax identification number, as applicable, are 

the (i) Commonwealth of Puerto Rico (Bankruptcy Case No. 17-BK-3283- LTS) (Last Four Digits 

of Federal Tax ID: 3481); (ii) Puerto Rico Sales Tax Financing Corporation (“COFINA”) 

(Bankruptcy Case No. 17-BK-3284-LTS) (Last Four Digits of Federal Tax ID: 8474); (iii) Puerto 

Rico Highways and Transportation Authority (“HTA”) (Bankruptcy Case No. 17-BK-3567-LTS) 

(Last Four Digits of Federal Tax ID: 3808); (iv) Employees Retirement System of the Government 

of the Commonwealth of Puerto Rico (“ERS”) (Bankruptcy Case No. 17-BK-3566-LTS) (Last 

Four Digits of Federal Tax ID: 9686); (v) Puerto Rico Electric Power Authority (“PREPA”) 

(Bankruptcy Case No. 17- BK-4780-LTS) (Last Four Digits of Federal Tax ID: 3747); and (vi) 

Puerto Rico Public Buildings Authority (“PBA”) (Bankruptcy Case No. 19-BK-5523-LTS) (Last 

Four Digits of Federal Tax ID: 3801) (Title III case numbers are listed as Bankruptcy Case 

numbers due to software limitations).

Case:17-03283-LTS Doc#:19969-4 Filed:02/01/22 Entered:02/01/22 16:13:18 Desc:

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1. I am, Jocelyn Villanueva Rodriguez, resident of Toa Baja, 44 years old, married, K-3 

teacher for the past ten years and five months, a participant of the Teacher Retirement 

System, currently working in the Ramon Morales Peña Elementary School in the 

municipality of Bayamón. I am a member of the Teachers Federation of Puerto Rico. 

2. My current gross monthly salary is $1,941.66.

3. Due to the Plan of Adjustment as confirmed by the Court, my pension will freeze effective 

March 15, 2022. Under Law 91-2004 my lifetime pension would have been $1,456.25 a 

month at age 55 with 30 years of service, which is 75% of my thirty-six highest salaries.

4. If the freeze is put into effect on March 15, 2022, I would only receive a lifetime monthly 

pension of $355.26, which is the 95% of the 1.8% of my monthly salary, multiplied by the 

years of service I have worked in the Department of Education prior to the freeze date: 

March 15, 2022 (10.7 years).

5. This will represent a net loss of $1,102.88 per month once I retire.

6. In addition to this, my retirement age will increase to 63 years of age, therefore I am 

required to work more years to receive a lower pension, cutting almost 74% of what I 

expected to receive once I retired as stated in my contract with the Department of 

Education.

7. After the freeze date, I would be part of a defined contribution account, saving 2.3% of my 

salary, and once I retire, I would receive approximately an additional $56 monthly from 

my defined contribution account, which will not last a lifetime. Once I reach 78 years of 

age, this amount will end, impoverishing me even more.

8. I will also pay 6.2% of social security, but teachers in Puerto Rico do not receive it in full

once they reach eligibility age, and almost a 40% deduction will be implemented once I 

reach the eligibility age for social security. 

9. This situation has affected my emotional and mental health and I am evaluating leaving the 

Department of Education to look for another job, where I am valued.

Case:17-03283-LTS Doc#:19969-4 Filed:02/01/22 Entered:02/01/22 16:13:18 Desc:

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10. I declare under penalty of perjury under the laws of the United States of America that the 

foregoing is true and correct to the best of my knowledge and belief.

Dated: February 1, 2022

______________________

Signature

Jocelyn Villanueva Rodriguez

Declarant’s name

Case:17-03283-LTS Doc#:19969-4 Filed:02/01/22 Entered:02/01/22 16:13:18 Desc:

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