reglab/statecodes huggingface dataset:
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter I - 1998 Early Retirement Program (§§ 5001 — 5017) › § 5015 - Creditable services

Any person who fulfills the minimum requirements established below shall be credited for the service rendered provided that as a consequence of crediting said years the Retirement System is not deemed as a plan to which the provisions of the Federal Employee Retirement Income Security Act of 1974, as amended, apply:
(1) Those employees of the Puerto Rico Telephone Company:
(a) Who are active participants in the Retirement System;
(b) have accrued a minimum of twenty-five (25) years of creditable services on the closing date of the sale by the Puerto Rico Telephone Authority of fifty percent (50%) plus one share of the stock of the Puerto Rico Telephone Company to GTE Telecommunications Intentional, as provided in the Joint Resolution approving said sale, and
(c) who as a result of said sale, lose their eligibility as a participant in the retirement system, may credit an additional period of time as service, determined by the Board of Directors of the Puerto Rico Telephone Authority which shall not exceed five (5) years, provided these pay the corresponding individual and employer contribution on the basis of the salary received at the closing date of said sale.
History —July 28, 1998, No. 182, § 16, renumbered as § 18 on Dec. 6, 1998, No. 293, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter I - 1998 Early Retirement Program (§§ 5001 — 5017) › § 5016 - Exclusions

This subchapter shall not apply to teachers, police officers, judges nor to officials or employees of the municipalities of Puerto Rico; neither shall it apply to those who, being able to avail themselves of the benefits of this subchapter, fail to do so within the term for choosing provided in this subchapter.
History —July 28, 1998, No. 182, § 17, renumbered as § 19 on Dec. 6, 1998, No. 293, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter I - 1998 Early Retirement Program (§§ 5001 — 5017) › § 5017 - Judicial review

All matters related to the procedures on administrative hearings, adjudicative procedures, reconsiderations and reviews of decisions issued by the Administrator, as the case may be, shall be governed by §§ 2101 et seq. of this title, known as the “Uniform Administrative Procedures Act of the Commonwealth of Puerto Rico” and any regulation promulgated thereunder.
History —July 28, 1998, No. 182, § 18, renumbered as § 20 on Dec. 6, 1998, No. 293, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5019 - Participation

Any person who, by December 31, 2000 [sic], complies with a minimum of twenty-five (25) years of creditable service shall be entitled to participate in the program, voluntarily, after the agency to which that person works certificates that his/her position is no longer necessary.
The agencies that participate in the program shall issue a certification of the positions that exceed their needs. Said certification shall be directed to the Office of Budget and Management.
History —Aug. 12, 2000, No. 174, § 3.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5020 - Annuity

Upon choosing retirement, each participant, who has not received reimbursement for his/her accumulated contributions, shall be entitled to receive the retirement annuity so stated in this section. Said retirement annuity shall start on the effective date.
(a) Any participant who by December 30, 2000, has completed twenty-five (25) years of creditable service or more, and is fifty-five (55) years old or over, shall receive a retirement annuity equal to seventy-five percent (75%) of the average retribution.
(b) Any participant who by December 30, 2000, has completed thirty (30) years of creditable service or more, and is fifty (50) years old or over, shall receive a retirement annuity equal to seventy-five percent (75%) of the average retribution.
(c) Any participant who by December 30, 2000, has completed twenty-five (25) years of creditable service or more, but less than thirty (30), and is not fifty-five (55) years old, shall receive a retirement annuity equal to sixty-five percent (65%) of the average retribution.
History —Aug. 12, 2000, No. 174, § 4.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5021 - Coordination with Social Security Administration

At the moment any participant is sixty-five (65) years old and is eligible to receive the benefits granted pursuant to Title II of the Federal Social Security Act, his/her retirement pension shall be recalculated and the amount of the retirement annuity shall be one and a half percent (11/2 %) of the average retribution, up to six thousand six hundred dollars ($6,600) per annum, multiplied by the number of years of creditable service, plus the corresponding percent, as provided in this section, of the average retribution in excess of six thousand six hundred dollars ($6,600) per annum. It is provided that the retirement annuity for those employees participating in the plan of complete supplementation of the Retirement System shall be recalculated upon reaching sixty-five (65) years of age.
History —Aug. 12, 2000, No. 174, § 5.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5023 - Monthly payments; life annuities

Any retirement annuity or otherwise provided in this subchapter, shall be for life, and shall be paid in monthly installments. Said annuity shall not be reduced, revoked nor repealed, except when granted by mistake or when explicitly provided otherwise in this subchapter. These annuities may be increased by law.
History —Aug. 12, 2000, No. 174, § 7.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5024 - Effects of the choice to retire

(a) Any choice of retirement shall be final and irrevocable. However, during the determination period, the agency, upon consultation with and the consent of the Government Fiscal Agent and the Office of Management and Budget, may cancel any choice of retirement and suspend early retirement for a specific group of eligible employees based on the agency’s economic capacity and needs, and if the total number of choices of retirement made during the selection period do not economically justify, or otherwise, the implementation of the program. If at that moment, the agency determines not to implement early retirement for a specific group of eligible officers and employees pursuant to this section, all choices of retirement shall remain without effect and any employee who had chosen retirement shall remain in his/her job position with the agency and shall continue his/her participation in the Retirement System under the provisions of the Retirement System Act.
(b) The agency shall identify those employees whose experience and knowledge are essential for its sound operations. Any officer or employee so identified by the agency who had chosen retirement shall have the obligation to render training services to those employees [that] the instrumentality determines to have a right to receive payment for said services, prior [to] or after receiving the pension or benefits in accordance with the provisions of this subchapter. Said training services shall be offered for a maximum term of six (6) months.
History —Aug. 12, 2000, No. 174, § 8.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5025 - Debts of participants

In relation to any debt incurred by a participant in which the accumulated contributions [are] serving as a guarantee, it is hereby provided that the benefits provided in this subchapter shall respond, in first place, for any obligation incurred by the participant with the retirement system still unpaid. The Retirement System shall require payment of said debt through monthly installments that shall be deducted by the administrator from the participant’s retirement annuity under the program, for the payment of the debt with the Retirement System.
History —Aug. 12, 2000, No. 174, § 9.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5026 - Contributions

(a) The agency shall contribute to the Retirement System the money, in cash, equivalent to the annuity that the participant will receive as [a] pension, for a maximum period of five (5) years after the effective date.
(b) In addition, the agency shall make the following contributions to the program:
(1) The employer’s and the individual’s contributions of each participant, based on his/her salary at the time of separation from service.
(2) The medical plan in effect for all pensioners under the Retirement System.
(3) The Christmas bonus to which all retirees are entitled under the retirement system shall be patronales individuales of the participants in this Early Retirement Program.
(c) In the case of agencies that do not constitute a public corporation, the Office of Management and Budget shall assign to the Retirement System, in the Joint Resolution of the General Budget, all the necessary resources to cover the payment of the economic contributions, as provided in subsections (a) and (b) of this section, corresponding to those employees participating in the program. These budgetary allocations shall begin in the 2000-2001 fiscal year, until the provisions of subsection (a) of this section are complied [with].
In order for the Office of Management and Budget to make the pertinent budgetary allocations, it shall required that the administrator of the retirement system submit a detailed certification of the funds that he estimates shall be necessary for each fiscal year.
(d) In the case of public corporations, these shall include in their annual operational budgets, the amounts necessary to cover the payment of the pensions and of the individual employer’s contributions of the participants in this Early Retirement Program.
(e) The total amount of the economic contributions of the participating employers shall be remitted to the Retirement System forty (40) days after the signature of the Joint Resolution of the General Budget for each year.
(f) If the agency or corporation ceases operations, the economic contribution shall be paid through an advance from the General Fund, disbursed by the Secretary of the Treasury. These advances shall be repaid.
History —Aug. 12, 2000, No. 174, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5027 - Administration

The program shall be administered by the Employees Retirement System of the Government of Puerto Rico and its Instrumentalities.
History —Aug. 12, 2000, No. 174, § 11.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5028 - Tax exemptions

Any money contribution made by a participant in the Retirement System shall be exempted from any type of taxes upon receipt of the program benefits.
History —Aug. 12, 2000, No. 174, § 12.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5029 - Benefits; exemptions

The right to annuities for retirement, to benefits upon death and any other benefit pursuant to the provisions of this subchapter, regardless of its denomination, is a personal right acquired by the recipient; and the cession or transfer of said benefits and reimbursements, or part of same, shall be null, except otherwise provided in this subchapter. None of these pensions or benefits may be claimed for the payment of debts incurred by the person receiving it, with the exception of loans incurred by the participant, with cooperative savings and credit unions, which shall obligate up to twenty-five percent (25%) of the pension or benefit, except, in addition, for the provisions of § 5027 of this title, nor may [they] be attached nor be affected by any judicial proceeding.
History —Aug. 12, 2000, No. 174, § 13.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5030 - Vacation, sick leave, bonuses

Any amount that any participant has a right to receive as final pay liquidation for vacation and sick leave, and any other accumulated bonuses owned by the agency, shall be paid in equal monthly installments for a period equivalent to the period the participant had left in order to participate in the retirement program under the Retirement System.
If the agency has the economic resources necessary to pay the final pay of the leaves of absence in a period less than what it is herein provided, it may do so in a final global payment or fewer installments.
History —Aug. 12, 2000, No. 174, § 14.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5031 - Prohibitions

(a) The agencies or corporations participating in this program may not recruit nor hire more than ten percent (10%) of the total payroll of employees participating in the program, nor may exceed ten percent (10%) of the number of participants for a term of ten (10) years starting at the effective date, except otherwise provided through an Executive Order by the Governor, upon advice [by the] Puerto Rico Government Development Bank or the Puerto Rico Office of Management and Budget, as the case may be.
(b) No agency participating in the Early Retirement Plan pursuant to the subchapter may implement the Productivity Based Raise Plan provided in Section 4 of Joint Resolution No. 95 of June 27, 1997 of the General Budget.
History —Aug. 12, 2000, No. 174, § 15.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5032 - Implementation

The Early Retirement Plan shall take effect from December 1 to 31, 2000.
History —Aug. 12, 2000, No. 174, § 16.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5033 - Exceptions

This subchapter shall not apply to teachers, police officers, firefighters and judges, nor to officers or employees of the municipalities of Puerto Rico; nor to who[ever] may participate in the benefits of this subchapter but do not apply during the selection period provided for in this subchapter.
History —Aug. 12, 2000, No. 174, § 17.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83 - Early Retirement for Government Employees (§§ 5001 — 5034) › Subchapter II - 2000 Early Retirement Program (§§ 5018 — 5034) › § 5034 - Judicial [review]

All [that is] relative to the procedures of administrative hearings, adjudicative proceedings, reconsiderations, revisions of decisions issued by the administrator, as the case may be, shall be managed by the provisions of §§ 2101 et seq. of this title, known as the “Uniform Administrative Procedures Act”, and any other regulation promulgated pursuant to the same.
History —Aug. 12, 2000, No. 174, § 18.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7001 - Pension

All employees of the municipality of San Juan who are employees within the Employees’ Retirement System of the Government of the Commonwealth of Puerto Rico and its instrumentalities, who as of July 1, 1998, have completed twenty-four and one half (24 1 / 2 ) years or more of creditable services, and who voluntarily accept it, including those who having completed said term of services, and who because of their classification or of the program from which at one time they earned their salaries, were not included by the municipality among the employees in the retirement system, shall be entitled to receive a pension from the system as provided below:
(a) Employees who have completed twenty-four and a half (24 1 / 2) years or more of creditable services and who have not attained the age of fifty-five (55) years or more, shall receive a pension of sixty-five percent (65%) of the average salary.
(b) Employees who have completed twenty-four and a half (24 1 / 2) years or more of creditable services and who have attained the age of fifty-five (55) years or more, shall receive a pension of seventy-five percent (75%) of the average salary.
(c) Employees who have completed thirty (30) or more years of creditable services and who have not attained the age of fifty-five (55) years, shall receive a pension of seventy-five percent (75%) of the average salary.
History —Dec. 31, 1998, No. 342, § 1; Dec. 31, 1999, No. 370, § 1.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7002 - Priority

The municipality of San Juan shall complete the Early Retirement Program within a term of eighteen (18) months as of July 1, 1998. The Legislature, in the exercise of its constitutional powers under Art. III of the Constitution, intends that the order of priority for retirement be the one submitted by the municipality by November 4, 1998. Any change, alteration, modification or substitution in the order of priority for retirement shall only be allowed in relation to the provisions of § 7004 of this title and to the term of eighteen (18) months established herein.
History —Dec. 31, 1998, No. 342, § 2, retroactive to July 1, 1998.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7003 - Recruitment

The municipality of San Juan may not, by any means of recruitment, substitute more than ten percent (10%) of the employees who avail themselves of the benefits of this chapter, for a fixed term of five (5) years as of the date of effectiveness of their retirement.
History —Dec. 31, 1998, No. 342, § 3, retroactive to July 1, 1998.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7004 - Cost

The total amount of the actuarial cost of the pensions provided in this chapter, in the cases of employees who have completed the years of service needed to qualify under any of the options provided in § 7001 of this title, shall be paid by the municipality of San Juan to the Employees’ Retirement System of the Government of the Commonwealth of Puerto Rico and its Instrumentalities. Said actuarial cost shall consist of the difference between the present value of the accelerated pension provided by this chapter and the present value of a pension for years of service under the provisions of §§ 761 et seq. of this title. The municipality shall also provide that every employee who meet[s] the requirements established in § 7001 of this title and as a result of his/her classification or status, or the program from which [they] earned their salaries, have not completed the total term required, may enjoy the same opportunities for early retirement. To those ends, the municipality shall defray the cost of the completed services of the employees who qualify, through monthly payments to the retirement system prorated for the term that is needed to comply with the requirements for a merit pension provided in §§ 761 et seq. of this title, or for a term of sixty (60) months, whichever is the shorter of the two terms, as of January 1, 2000.
In this case, the municipality of San Juan shall pay to the retirement system annually, the money in cash that is equivalent to the annual payment that the participant shall receive as a pension for a period equivalent to the time that each employee needs in order to claim the benefits of §§ 761 et seq. of this title, up to a maximum of five (5) years, beginning on January 1, 2000. The municipality of San Juan shall also pay the following to the retirement system:
(1) The employer’s and individual contribution of the participants in the Program based on the salary that they earned at the moment of their separation from service.
(2) The contribution to the health plan that is in effect for the pensioners, under the Retirement System.
(3) The Christmas Bonus to which pensioners have a right, under the Retirement System.
It is further provided that the payments to the Retirement System shall be made in advance at the beginning of each fiscal year, except for the first payment, which shall be made in the month of January of 2000. This first payment shall cover the costs that correspond to the period from January to July of 2000.
History —Dec. 31, 1998, No. 342, § 4; Dec. 31, 1999, No. 370, § 2.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7005 - Provisions

All the provisions of §§ 761 et seq. of this title not in conflict with this chapter shall be applicable to the early retirement plans provided under this chapter.
History —Dec. 31, 1998, No. 342, § 5, retroactive to July 1, 1998.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 83A - Early Retirement for the Employees of the Municipality of San Juan (§§ 7001 — 7007) › § 7007 - Vacation leave, sick leave, bonuses

Any sum that an employee may be entitled to receive as final liquidation for vacation leave, sick leave, or other accumulated bonuses that the Municipality owes the employee, shall be paid to the employee in six (6)-month installments during a period of years equivalent to the period that the employee would have needed to complete in order to retire under the Retirement System.
History —Dec. 31, 1998, No. 342, added as § 7 on Dec. 31, 1999, No. 370, § 4.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7031 - Participation

The State Insurance Fund Corporation, acting as a public corporation, shall implement a voluntary Early Retirement Plan that shall cover all regular employees who, as of July 31, 2000, complete a minimum of twenty-five (25) years of service.
Once the employees avail themselves of the early retirement program, the choice shall be final and irrevocable.
History —July 13, 2000, No. 119, § 1.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7032 - Definitions

(a) Corporation. — Shall mean the State Insurance Fund Corporation.
(b) Beneficiary. — Shall mean any person who receives any pension or benefit pursuant to this chapter.
(c) Choice of retirement. — Shall mean the voluntary and irrevocable choice of any employee to avail him/herself of the benefits of the Early Retirement Program who meets the requirements to participate in the program.
(d) Government of Puerto Rico. — Shall mean the Government of the Commonwealth of Puerto Rico.
(e) Program. — Shall mean the Early Retirement Program for Employees of the State Insurance Fund Corporation.
(f) Average [compensation]. — Shall mean the highest average annual remuneration of a participant during any three (3) creditable years of service until the date of separation from service. When computing the remuneration, any bonus granted in addition to the salary, as well as any payment for overtime working hours shall be excluded.
History —July 13, 2000, No. 119, § 2.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7033 - Annuity

Any employee who meets the requirement stated in § 7031 of this title, shall be entitled to receive a retirement pension as provided below:
(a) For those employees who have completed twenty-five (25) years or more of creditable service and have attained the age of fifty (50) years or more shall receive a retirement annuity equal to seventy-five percent (75%) of the average salary.
(b) For those employees who have completed twenty-five (25) years of creditable service or more, but have not yet attained the age of fifty (50) years, shall receive a retirement pension equal to sixty-five percent (65%) of the salary.
History —July 13, 2000, No. 119, § 3.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7034 - Effective date of pension

The pensions shall take effect on and after August 1, 2000.
History —July 13, 2000, No. 119, § 4.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7035 - Financial contribution

The State Insurance Fund Corporation shall annually pay to the retirement system the equivalent to the annuity that the participant will receive as pension, plus the corresponding employer and individual contribution, based on the last salary the participant earned, up to a maximum of five (5) years.
History —July 13, 2000, No. 119, § 5.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7036 - Benefits

An employee participating of the Early Retirement Program shall have the following rights:
(a) To the medical plan (individual or family, without optional dependents), for five (5) years, as of August 1, 2000.
(b) A Christmas Bonus at the applicable percentage in the State Insurance Fund Corporation, for a term of five (5) years as of December 2000.
(c) Regular benefits provided by the State Insurance Fund Corporation to all of its employees at the time of their retirement, except the pro-retirement benefits which are:
(1) Twenty-one percent (21%) of the annual salary.
(2) Payment of regular vacation and accumulated sick leave. — In the last year of service, the employee accrues three (3) days of regular vacation time and two (2) days for sick leave each month for a total of sixty (60) days. This computation shall be made according to the provisions established by the State Insurance Fund Corporation to such effect.
(3) When computing the payment of the Christmas Bonus, the payment for regular vacation and sick leave shall be included, to a maximum of thirty-one thousand dollars ($31,000).
(4) With regard to the family medical plan, once the five (5) years paid by the State Insurance Fund Corporation have elapsed, if the retired employee wishes to continue his/her medical plan, the State Insurance Fund Corporation shall pay him/her twenty dollars ($20) until the retired employee is sixty-five (65) years of age.
History —July 13, 2000, No. 119, § 6.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7037 - Vacation, sick leave, bonuses; liquidation, payment of debts

Any amount that an employee who is participating in the early retirement program is entitled to receive, as a final liquidation of vacation and sick leave, or any other accrued bonuses owed by the Corporation, shall be paid as follows:
(a) If the lump-sum payment (accrued regular vacation and sick leave) exceeds twenty-five thousand dollars ($25,000), the remainder shall be paid in January 2001. In the event the employee has a debt with the Government Employees Association, the Retirement System, the Treasury Department, the Municipal Revenues Collection Center (CRIM, Spanish acronym), the State Insurance Fund Corporation or others, the same shall be deducted from the lump-sum payment and/or from the benefits for years of service provided by the State Insurance Fund Corporation.
(b) If the debt that the employee [who] participates [in] the Early Retirement Program of the State Insurance Fund Corporation is for the financing of an automobile, it shall be deducted from the lump-sum payment and/or the benefits for years of service provided by the Corporation. If the total debt is not covered thereby, the employee shall sign a promissory note that binds him/her to make monthly payments to the State Insurance Fund Corporation until the debt is totally paid up.
(c) The payment of benefits for years of service provided by the State Insurance Fund Corporation shall be paid to the employee within the month next to [sic] when the retirement is effective, unless there is any circumstance or an act of God that prevents it.
Any employee who decides to participate in the Early Retirement Program and is receiving the pro-retirement benefits offered by the State Insurance Fund Corporation, shall have to return any money received. His monthly salary shall then be considered without including the monthly sum of one hundred dollars ($100) for pro-retirement [sic]. The benefit received shall be deducted from the lump-sum payment and/or the benefits for years of service provided by the State Insurance Fund Corporation. If the total debt is not covered by it, the employee shall sign a note by which he/she agrees to make monthly payments to the State Insurance Fund Corporation until the difference is paid up.
History —July 13, 2000, No. 119, § 7.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7039 - Effects of choice to retire

The State Insurance Fund Corporation shall identify those employees whose experience or knowledge is essential for its sound operations. Any officials or employees so identified by the Corporation who chose early retirement, shall have the obligation to provide training services to those employees that the Corporation determines have the right to receive payment for said services, prior or after receiving the pension or benefit pursuant to the provisions of this chapter. Said training services shall be given for a maximum term of three (3) months.
History —July 13, 2000, No. 119, § 9.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7040 - Prohibition

The State Insurance Fund Corporation shall not recruit nor hire more than fifteen percent (15%) of the total payroll of retired employees for a term of ten (10) years, counted from the effective date of retirement.
History —July 13, 2000, No. 119, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84 - Early Retirement Program for the State Insurance Fund Corporation (§§ 7031 — 7041) › § 7041 - Financing

The Retirement System shall bill the State Insurance Fund corporation for the total cost of the Early Retirement Program provided in this chapter, which shall be made from the revenues of the Corporation.
The payments to the Retirement System of the pension and the contributions shall be made prior to the 15th of July of each fiscal year for a maximum of five (5) years commencing in the year 2000.
History —July 13, 2000, No. 119, § 11.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7051 - Implementation

The Environmental Quality Board of Puerto Rico, in its capacity as public agency, shall implement a Voluntary Early Retirement Program which shall be available on a voluntary basis to all employees holding positions in said Agency who, by December 31, 2008, have completed a minimum of twenty-five (25) years of creditable service as covered employees under the Retirement System of the Government of the Commonwealth of Puerto Rico and its instrumentalities, as previously certified by the Agency.
History —Aug. 9, 2008, No. 244, § 1.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7053 - Judicial or administrative claims

It is hereby provided that the opportunity of eligible employees to avail themselves of the Voluntary Early Retirement Program of the Environmental Quality Board of Puerto Rico shall not be conditioned to their having to waive any judicial or administrative claims pending adjudication against the Environmental Quality Board of Puerto Rico. Such claims shall continue their regular course.
History —Aug. 9, 2008, No. 244, § 3.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7054 - Special incentives

The special incentives that the Environmental Quality Board of Puerto Rico shall grant to those employees who comply with the parameters established in §§ 7051 and 7052 of this title shall be the following:
(a) Full liquidation of annual sick and vacation leaves and overtime worked, in the case of employees with twenty-five (25) years or more.
(b) Employer’s contribution to a health plan for one (1) year as of the effective date of their retirement, under the terms it is currently underwritten.
History —Aug. 9, 2008, No. 244, § 4.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7055 - Decision to opt into the Program

All employees who meet the requirements of the Program under §§ 7051 and 7052 of this title, shall make their decision of opting for the Voluntary Early Retirement Program on or before ninety (90) days, counted as of the briefing that the Environmental Quality Board of Puerto Rico, in coordination with the Retirement System Administration, is required to provide pursuant to § 7062 of this title. Once the decision of opting for the Voluntary Early Retirement Program is made, the same shall be considered to be final, binding and irrevocable for all legal purposes. Under no circumstances shall the Voluntary Early Retirement Program provided for herein be used as a pressure tactic against the employees of the Environmental Quality Board.
The date of separation from service of the employees who opt for the Program shall be effective on January 31, 2009.
History —Aug. 9, 2008, No. 244, § 5.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7056 - Non creditable service

In the event that any employee needs the accreditation of services not credited in the Commonwealth of Puerto Rico Employees Retirement System in order to complete twenty-five (25) years, he/she shall submit his/her application to the Coordinator for Retirement Affairs of the Environmental Quality Board of Puerto Rico before the date of separation from service. It is further provided that employees may use the vacation and sick leaves accrued in order to calculate any months that they may need to complete the retirement requirements set forth in this chapter, in order to avail themselves of said window, provided that they so request on or before the date of separation from service.
The Coordinator for Retirement Affairs of the Environmental Quality Board of Puerto Rico shall certify to the Retirement System that the application for services not credited was submitted while the employee was still in active service.
The Administrator of the Retirement System shall accept payment from the employee for any services not credited, provided he/she receives the Certification from the Coordinator. The effective date of the pension shall be the day following the date of separation from service, even if the employee has not paid in full the services not credited.
History —Aug. 9, 2008, No. 244, § 6.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7057 - Actuarial cost

The actuarial cost of the pensions that are provided for in this chapter, as determined by the Administrator of the Government Retirement System of the Commonwealth of Puerto Rico, shall be defrayed by the Environmental Quality Board of Puerto Rico to the Retirement System Administration. The Environmental Quality Board of Puerto Rico and the Retirement System Administration shall be empowered to negotiate and agree upon a payment plan, which shall be remitted to the Legislature for its approval. Said plan shall be understood as approved, if a recommendation of acceptance by the Houses is not issued within a term not to exceed twenty (20) days after its receipt by the Legislature. If otherwise, the above mentioned process shall continue to be followed until its approval. Said actuarial cost shall consist of the difference between the present value of the accelerated pension as provided herein, and the present value of a pension based upon years of service pursuant to the provisions of §§ 761 et seq. of this title, and according to the provisions of this chapter. It is further provided that the Environmental Quality Board of Puerto Rico shall annually compensate the Retirement System Administration for the expenses incurred in the administration of the Voluntary Early Retirement Program authorized herein, and shall also pay for any actuarial studies requested or to be requested by the Board. The funds for the payment of the Voluntary Early Retirement Program and the actuarial studies shall originate from the budget appropriated annually to the Environmental Quality Board of Puerto Rico and the funds generated from the operations thereof, as authorized by the Commonwealth and/or federal government.
History —Aug. 9, 2008, No. 244, § 7; Mar. 6, 2009, No. 6, § 1.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7058 - Actuarial cost—Reimbursement

In the event that the payment made by the Environmental Quality Board of Puerto Rico, pursuant to § 7057 of this title, is greater than the actuarial cost, the Retirement System Administration shall reimburse the Environmental Quality Board of Puerto Rico for the excess of the amount paid within a period of not more than thirty (30) days as of the effective date of the Program. If, on the contrary, the payment made by the Environmental Quality Board of Puerto Rico were insufficient, the latter shall issue a payment for the additional cost certified by the Retirement System Administration within a period of not more than thirty (30) days as of the effective date of the Program.
History —Aug. 9, 2008, No. 244, § 8.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7059 - Applicability of the provisions of the Retirement Act

All the provisions of §§ 761 et seq. of this title, that are not in conflict with this chapter shall apply to the Voluntary Early Retirement Program authorized in this chapter.
History —Aug. 9, 2008, No. 244, § 9.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7060 - New benefit

The Environmental Quality Board of Puerto Rico shall be responsible for the payment of any new benefit conferred by law to pensioners who avail themselves of this Early Retirement Plan, before reaching the term to avail themselves of a pension for merit under §§ 761 et seq. of this title.
History —Aug. 9, 2008, No. 244, § 10.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7061 - Applicability of the provisions of this chapter

The provisions of this act shall also be extended to those employees who, as of the effective date of the latter [sic], are under any type of leave pursuant to the applicable Regulations of the Environmental Quality Board of Puerto Rico, collective bargaining agreements or statutes.
History —Aug. 9, 2008, No. 244, § 11.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7062 - Briefing

The Environmental Quality Board of Puerto Rico, in coordination with the Retirement System Administration, shall provide a briefing to all its employees who qualify for the Voluntary Early Retirement Program on its benefits and criteria.
History —Aug. 9, 2008, No. 244, § 12.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84A - Voluntary Early Retirement Program for Employees of the Environmental Quality Board of Puerto Rico (§§ 7051 — 7063) › § 7063 - Copy of transactions

Upon conclusion of this process, the Environmental Quality Board of Puerto Rico must submit a copy of the transactions conducted pursuant to this chapter or the administrative actions of the Agency to the Legislature and the Office of Management and Budget (OMB).
History —Aug. 9, 2008, No. 244, § 13.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84B - Voluntary Early Retirement Program for the Employees of the Right to Work Administration (§§ 7071 — 7083) › § 7071 - Implementation

The Right to Work Administration, hereinafter the “Administration”, shall implement a Voluntary Early Retirement Program, which shall comprise solely the employees holding positions in said government agency who may avail of a pension for years of service under the provisions of §§ 761 et seq. of this title, and who comply with the requirements of § 7072 of this title in order to avail of such plan.
History —Aug. 13, 2008, No. 275, § 1.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84B - Voluntary Early Retirement Program for the Employees of the Right to Work Administration (§§ 7071 — 7083) › § 7072 - Benefits

The Administration shall offer the following benefits to the employees who voluntarily avail [themselves] of the same:
(a) Right to receive a retirement pension of seventy-five percent (75%) of the average compensation to employees with fifty (50) years of age, who as of December 31, 2008, have a minimum of twenty-five (25) years of services credited as participants in the Retirement System for the Employees of the Government of the Commonwealth of Puerto Rico and its Instrumentalities, as previously certified by the Administration.
History —Aug. 13, 2008, No. 275, § 2.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84B - Voluntary Early Retirement Program for the Employees of the Right to Work Administration (§§ 7071 — 7083) › § 7073 - Creditable service

The years of service rendered until December 31, 2008 may be credited into the Voluntary Early Retirement Program of the Administration. Provided, That:
(a) Up to one hundred percent (100%) for the period of military service rendered to the Armed Forces of the United States of America shall be credited, if he/she had retired from the military service with an honorable discharge. In order to receive credit for military service rendered, the employee shall pay to the Retirement System the corresponding contributions based on the salaries earned during his/her years of service with the Armed Forces.
(b) In the event that the employee needs to obtain credit for services not paid in order to complete thirty (30) years of service and avail him/herself of a pension for merit under the provisions of §§ 761 et seq. of this title, the Administration shall evaluate and determine whether for the Agency the total payment of the employer and the individual’s contributions is less than the cost of having the employee avail him/herself of the Program.
(c) The Administration may, by the employee’s request, use any regular vacation leave accrued in order to calculate any month that the employee may need to complete the retirement requirements set forth in this chapter to avail him/herself of the Program. To such effect, every twenty (20) days accrued shall be equal to one (1) month of work.
In the case of subsections (b) and (c) of this section, the employee shall file an application to receive credit for any services not paid before the Retirement Affairs Coordinator (hereinafter the Coordinator) of the Administration not later than thirty (30) days counted as of the date of effectiveness of this act and before the date of separation from service. The Retirement Affairs Coordinator of the Department shall certify to the System that the application for services not paid was filed while the employee was still in active service and that he/she complies with all other requirements of this chapter.
The Administrator of the Retirement System for the Employees of the Government of the Commonwealth of Puerto Rico shall accept the payment for services rendered and not paid made by the employee even if such employee is not in active service, duly adjusted on the basis of its actuarial cost, except as provided in § 765a of this title, provided, that he/she receives the certification by the Coordinator. The date of effectiveness of the pension shall be the day following the separation from service, regardless of the fact that the employee has not finished paying for the services rendered and not paid, for which he/she shall have a payment plan.
History —Aug. 13, 2008, No. 275, § 3.
2023 Laws of Puerto Rico › TITLE THREE - Executive (§§ 1 — 9311) › Chapter 84B - Voluntary Early Retirement Program for the Employees of the Right to Work Administration (§§ 7071 — 7083) › § 7074 - Full liquidation

The Administration shall pay to the employees who comply with the parameters established in §§ 7071 and 7072 of this title the full liquidation of any vacation and sick leaves accrued.
History —Aug. 13, 2008, No. 275, § 4.