P.R. Laws tit. 3, § 9262
The Voluntary Pre-Retirement Program is hereby created to offer a pre-retirement opportunity to Commonwealth of Puerto Rico employees who enrolled in the Retirement System before April 1st, 1990, or who began working in the Commonwealth of Puerto Rico before that date and were unable to contribute to the Retirement System due to their job status, but subsequently paid those previous years of service so that these could be credited retroactively to a date prior to April 1st, 1990, or those employees who opted out of the Retirement Savings Account Program and have at least twenty (20) years of credited services under the benefit structure provided in §§ 761 et seq. of this title. This Program was created for the purpose of achieving significant savings in government expenditures on account of payroll and fringe benefits, as well as carrying out an organizational and systematic turnaround that will allow for the allocation of resources to maximize services offered by the Commonwealth of Puerto Rico.
The implementation of the Voluntary Pre-Retirement Program shall be carried out in strict compliance with all labor laws, collective bargaining agreements in effect, the Merit Principle, the legal provisions prohibiting political discrimination, and the vested rights of public employees. The option of an employee to avail him/herself of the Voluntary Pre-Retirement Program shall not disqualify him/her from receiving any fringe benefits to which he/she may have been entitled upon retirement by virtue of a collective bargaining agreement or any other type of agreement negotiated with his/her employer, and shall receive the same once his/her participation in the Program ends and he/she becomes a retiree, unless the employer decides, pursuant to the Pre-Retirement Employer Plan, to pay the retirement benefit in advance. All of the foregoing shall be subject to the provisions of §§ 9101 et seq. of this title.
Notice This section has more than one version with varying effective dates. First of two versions of this section.
History —Dec. 8, 2015, No. 211, § 3; Aug. 9, 2016, No. 170, § 2.