P.R. Laws tit. 28, § 302

2019-02-20 00:00:00+00
§ 302. Pension

Every employee who meets the requirements of § 301 of this title and that on Jan. 31, 2008, has completed twenty-five (25) years or more of accredited service and reached fifty (50) years of age or more, and who voluntarily avails him/herself of the Program authorized in this chapter, shall be entitled to receive a pension equal to seventy-five percent (75%) of the average compensation. This average compensation shall be determined in accordance to the date of entry of the employee into the Retirement System, as established in §§ 761 et seq. of Title 3. No person who avails him/herself of this Program may contract, either by him/herself or through third parties, the rendering of services with any government entity or public corporation during a term of four (4) years.

History —May 12, 2008, No. 59, § 2.