P.R. Laws tit. 3, § 798
The following words and phrases as used in §§ 797-806 of this title shall, unless a different meaning is plainly required by the context, have the following meanings:
(a) Retirement System.— Shall mean the Employees Retirement System of the Government of Puerto Rico and its instrumentalities, the Annuity and Pensions System for the Teachers of Puerto Rico, the Retirement System of the University of Puerto Rico; and the Employees Retirement System of the Puerto Rico Electric Power Authority; and shall include any pension system or fund superseded by any of the systems above mentioned and any other retirement system hereafter created.
(b) Employee.— Shall mean any person at the service of an employer who is a member or participant of a retirement system.
(c) Employer.— Shall mean the Government of the Commonwealth of Puerto Rico and any public enterprise or instrumentality of the Puerto Rico Commonwealth Government, but excluding subsidiary enterprises of such public instrumentalities or enterprises, and shall include the University of Puerto Rico and the Teachers Association of Puerto Rico.
(d) Credit for services.— Means the services credited to an employee for services rendered to an employer, including prior and subsequent services, pursuant to the provisions of the respective retirement system bearing on the subject.
(e) Joint contributions.— Means the individual contributions made by an employee to a retirement system plus interest accrued at the regular rate, if any, and the corresponding employer’s contributions, as hereinafter set forth.
(f) Actuarial tables.— Means such death, disability and separation from service rates and the salary schedules and interest rates used for each system in their actuarial values.
(g) Retirement annuity.— Shall be understood in its broad sense, and includes a pension, life annuity, retirement or disability annuity, and means the payment made as pension or life annuity for retirement because of age, years of service or disability.
(h) Pension life value.— Means the actuarial value of the latter determined as of the date of superannuation or retirement for life payment of a retirement annuity, computed in accordance with actuarial tables, as this term is defined in this section.
(i) Employer’s contribution.— Means the contributions made by the employer at the rate of interest determined by each system for the purpose of transferring joint contributions before or after July 1, 1951.
(j) Individual contribution.— Means contributions made by the participant at the rate determined by each system.
History —June 10, 1953, No. 59, p. 154, § 2; May 18, 1959, No. 9, p. 42, § 2; June 26, 1965, No. 96, p. 234; May 30, 1969, No. 17, p. 28, § 1.