P.R. Laws tit. 3, § 9309

2019-02-20 00:00:00+00
§ 9309. Bank employees

To the extent the Authority determines, in its discretion, to assume all or some of the permanent, temporary and/or non-union employees of GDB, such employees shall become employees of the Authority. This transfer of employees shall be effectuated while honoring the terms and conditions of employment effective as of the transfer to the Authority, including the rights, privileges, obligations and seniority, acquired pursuant to applicable laws and current personnel regulations, subject to the modifications contained in § 9101 et seq. of this title while it remains effective. None of the provisions of this subchapter shall affect the constitutional right to collective bargaining enjoyed by the employees of GDB, nor the vested rights, benefits and privileges, by virtue of any collective bargaining agreements. Rights with regard to any pension or retirement system to which they may be affiliated or members of on the effective date of this act shall also be guaranteed. The Authority shall be obligated to satisfy to all employees any of their salaries, wages, commissions, including payments related to vacations, allowances and sick leaves or other employment benefits acquired prior to the transfer to the Authority, in accordance with GDB’s employment policies or applicable law.

History —Apr. 6, 2016, No. 21, § 609; July 12, 2016, No. 68, § 1.18.