P.R. Laws tit. 3, § 705

2019-02-20 00:00:00+00
§ 705. Quotas for associations, federations or unions of pensioners of the government, deductions

(a) Pensioners of the Government of the Commonwealth of Puerto Rico, including all its agencies, public corporations and instrumentalities, who, in the exercise of their constitutional rights, become organized as a bona fide group of public pensioners, for the purpose of promoting their social and economic progress, as it may be certified by the Secretary of State, may authorize the fund or the retirement system from which they receive their pension, to deduct from said pension the necessary amount for the payment of the quotas corresponding to them as members of the group of pensioners. Every manager of the Retirement System of the Commonwealth of Puerto Rico shall see that the amount of the authorized quotas appear in the payrolls, and that the same be deducted from the pensions of the pensioners who so authorize in writing. The amount of the quotas shall be such as the Secretary of the pertinent group of pensioners shall certify.

(b) The authorizations granted hereunder by the pensioners of the Government of the Commonwealth of Puerto Rico may be revoked one year after their effective date.

(c) The Secretary of the Treasury or the officer responsible for making the payment of the pensions in the departments, agencies, public corporations and instrumentalities shall deliver to the officer designated by the pertinent group of pensioners the amount of the deductions authorized by the pensioners pursuant to this section. For such purpose the officer designated by the group of pensioners shall give bond as custodian of the funds of the group of public pensioners.

History —Mar. 8, 1975, No. 3, p. 4, §§ 1-3, eff. July 1, 1975.