P.R. Laws tit. 3, § 9124

2019-02-20 00:00:00+00
§ 9124. Contribution of savings of public corporations in health-related fields to the General Fund’s deficit

The savings generated by the Automobile Accidents Compensation Administration and the State Insurance Fund Corporation as a result of the implementation of the provisions of § 9117 of this title, shall be contributed to the “Special Education Student Services and Therapies Fund”, under the custody of the Department of Education, created through special legislation specifically for said purposes. This would reduce the General Fund’s fiscal burden, which requires the rendering of adequate services to the special education population, in accordance with federal legislation, the public policy, and the existing legal framework.

On or before July 31st, 2014, both entities shall certify to the Office of Management and Budget the number of employees on their payrolls as of June 30th, 2014, and the sums paid during the fiscal year ending on said date to cover the following items: Christmas Bonus; Summer Bonus; other general bonuses, including, but not limited to, ratification of collective bargaining agreements, attendance, punctuality, productivity, or retirement; liquidation of sick and vacation leaves accrued in excess. In the case of the Christmas Bonus and the Summer Bonus, the certification of the sums paid shall be reduced by an amount equal to the number of employees who received the Christmas Bonus, multiplied by six hundred dollars ($600), plus the number of employees that received the Summer Bonus, multiplied by two hundred dollars ($200). The information to be provided shall separate union employees from nonunion employees.

The corresponding amounts certified by June 30th, 2014, shall be considered conclusively as the savings generated under this subchapter for the following Fiscal Year 2015, and shall be transferred to the Department of the Treasury by the Automobile Accidents Compensation Administration and the State Insurance Fund Corporation beginning on or before July 31st, 2014. The funds thus transferred shall be deemed allocated to the Special Education Student Services and Therapies Fund. Said transfers may be made in equal installments for the remaining months of the fiscal year, but must be completed before June 30th, 2015. The Automobile Accident Compensation Administration and the State Insurance Fund Corporation shall continue to make their respective additional transfers in an amount equal to that paid during Fiscal Year 2015, beginning on July 31st, 2015; for Fiscal Year 2016 and every July 31st thereafter, during the effective term of this Act.

History —June 17, 2014, No. 66, § 18.