P.R. Laws tit. 3, § 787

2019-02-20 00:00:00+00
§ 787. Employees Retirement System—Obligations of employer; fraud; saving clause

It is the intent of §§ 761 et seq. of this title that the contributions required from the employer, as well as all annuities, benefits, reimbursements, and administration expenses, shall constitute obligations of the employer.

Any person who knowingly makes any false statement, or falsifies or permits to be falsified, any record or document of this System, in any attempt to defraud the System, is guilty of a misdemeanor, and shall be punished according to the laws of Puerto Rico, and the Board shall have the right to recover any payments made under false representations.

The Board shall have the right to recover any payment erroneously or unduly made, after the effectiveness of this act; Provided, That the Board shall determine the manner and conditions under which such erroneously and unduly paid sums shall be recovered, and shall inform to the Secretary of the Treasury the action taken, for the pertinent purposes.

If any section, sentence, clause or phrase of §§ 761 et seq. of this title is declared null or unconstitutional, such declaration shall in no manner affect the other sections, sentences, clauses or phrases of §§ 761 et seq. of this title, which shall remain in full force and effect as fully as if the section, sentence, clause or phrase so declared null or unconstitutional were not a part of §§ 761 et seq. of this title.

History —May 15, 1951, No. 447, p. 1298, § 26; June 11, 1954, No. 56, p. 304; renumbered as § 4-113 on Sept. 24, 1999, No. 305, § 36.