With respect to the personnel transferred or to be subsequently transferred to the Puerto Rico Farm Insurance Corporation, they shall maintain the same status they had pursuant to the provisions of Act No. 5 of October 14, 1975 and to the regulations adopted by virtue thereof, as long as they have the same position they had at the time of the transfer. They shall also maintain all rights, privileges, obligations and status with respect to any existing pension, retirement, or savings and loan fund systems to which they were affiliated upon approval of this act.
The personnel recruited on and after the effectiveness of this act shall be governed by the personnel regulations that the Corporation shall approve to such effects, and likewise, provisions may be taken so that the personnel may avail themselves of the benefits of § 761 et seq. of Title 3, known as the “Employees Retirement System of the Government of Puerto Rico and its Instrumentalities Act”.
History —Dec. 12, 1966, No. 12, p. 62, added as § 18 on Aug. 11, 1988, No. 166, p. 718, § 19.