P.R. Laws tit. 18, § 395p

2019-02-20 00:00:00+00
§ 395p. Distribution of contributions upon death of inactive system participants

(a) When an inactive System participant dies, accrued contributions plus the compound interest thereon shall be refunded, after deducting any debts outstanding in the System.

(b) Such refund shall be payable to the beneficiaries designated by the deceased participant in the System, through the designation of beneficiaries, or in its default, to his/her legal heirs.

History —Dec. 24, 2013, No. 160, § 3.17.