P.R. Laws tit. 3, § 787b

2019-02-20 00:00:00+00
§ 787b. Defined Contribution Hybrid Program—Transfer to the Program

(a) As of July 1, 2013, any employee who is a System participant, including mayors, regardless of the date on which they were first appointed to the Government of the Commonwealth of Puerto Rico, its instrumentalities, municipalities, or employers participating in this System, shall become participants of the Defined Contribution Hybrid Program. The benefits to be received by these employees are those set forth in §§ 787a—787q of this title.

Except as otherwise provided in §§ 787a—787q of this title, the provisions of Chapters 1, 2, and 3, shall not apply to these employees.”

History —May 15, 1951, No. 447, p. 1298, added as § 5-102 on Apr. 4, 2013, No. 3, § 16, eff. July 1, 2013.