P.R. Laws tit. 13, § 143

2019-02-20 00:00:00+00
§ 143. Relief aids for pensioners

The Bank shall assign to the Secretary of the Treasury such sum as necessary in order for the Department of the Treasury to grant a cash bonus in the amount of three hundred dollars ($300) to any persons receiving a pension or benefit under §§ 761 et seq. of Title 3, or under the pension plans superseded by the latter, or under any other law administered by the Administrator of the Puerto Rico Government Employee Retirement System, including any persons availing themselves of a pension or benefit under §§ 233 et seq. of Title 4; and §§ 376—387 of Title 25; Provided, That only those persons who have filed an income tax return for 2008 shall be eligible, as long as their income earned for 2008 is less than twenty thousand dollars ($20,000). Pensioners under the provisions of §§ 786-1 et seq. of Title 3, known as the “Retirement Savings Account Program”, shall not be eligible for this bonus. Any bonus not claimed on or before December 31, 2009, shall be reverted to the Puerto Rico Economic Stimulus Fund. Within thirty (30) days following the date of approval of this act, the Secretary of the Treasury shall file with the Bank, a plan for the disbursement of the funds required by the Department of the Treasury to grant the bonus authorized under this section. Disbursements shall be made pursuant to regulations that the Secretary of the Treasury may adopt for these purposes.

History —Mar. 9, 2009, No. 9, § 3.