P.R. Laws tit. 18, § 399
(a) In order to make up the System’s cash flow deficit, every fiscal year, beginning on fiscal year 2016-2017 and ending on fiscal year 2041-2042, the System shall receive the Teacher’s Justice Uniform Contribution. Furthermore, from fiscal year 2018-2019 to fiscal year 2041-2042, the System shall receive the annual additional contribution, as defined in § 393 of this title.
(b) For every applicable fiscal year, the System shall determine the portion of the annual additional contribution corresponding to each participating employer on the basis of the total percentage of employer contributions corresponding to such employer for the current fiscal year and remit to the Office of Management and Budget a certification of the amount corresponding to such employer.
(c) The resources to cover both the Teacher’s Justice Uniform Contribution and the annual additional contribution shall be earmarked by the Office of Management and Budget in the Recommended General Budget of the Government.
(d) The System shall be responsible for the regular payment of employer contribution provided in this chapter for System employees who benefit from this chapter.
History —Dec. 24, 2013, No. 160, § 7.1.