P.R. Laws tit. 18, § 395h

2019-02-20 00:00:00+00
§ 395h. Retirement age

(a) Any participant who, as of the effective date of this act, is entitled to retire and receive any kind of pension under Act No. 91-2004, as amended, for having met the corresponding years of service and age requirements, may retire at any time after the effective date of this act.

(b) Any participant who, as of July 31, 2014, is entitled to retire and receive any kind of pension under Act No. 91-2004, as amended, or under the provisions of this chapter for having met the corresponding years of service and age requirements, may retire at any time after August 1, 2014.

(c) As of August 1, 2014, any participant who is active as of July 31, 2014, may retire when said participant:

(1) Reaches fifty-five (55) years of age and completes at least thirty (30) years of service, or

(2) reaches sixty (60) years of age and completes at least five (5) years of service.

(d) Any participant in active service that has enrolled in the System after August 1, 2014, may retire when said participant:

(1) Reaches sixty-two (62) years of age and completes at least five (5) years of service, and

(2) has accumulated individual contributions amounting to ten thousand dollars ($10,000) or more.

History —Dec. 24, 2013, No. 160, § 3.9.