P.R. Laws tit. 3, § 787n

2019-02-20 00:00:00+00
§ 787n. Defined Contribution Hybrid Program—Reciprocity between Retirement Systems; uncredited veteran services; voluntary contribution to the Hybrid Program

(a) After July 1, 2013, there shall be no reciprocity under §§ 797 et seq. of this title, between the Government Employees Retirement System and other retirement systems with respect to employees participating in other systems and are transferred to the Government Employees Retirement System.

(b) The provisions of subsection (e) of § 737 of Title 29, known as the “Bill of Rights of the Puerto Rican Veteran for the 21st Century”, shall continue to apply to System participants who are veterans, solely with regard to services rendered until June 30, 2013. However, there is no deadline for veterans to apply for service credit, for services rendered on or before June 30, 2013.

(c) Any Hybrid Program participant who, on or after July 1, 2013, is on military leave for being on active duty in the United States Armed Forces and is not required to make mandatory contributions under subsection (a) of § 787e of this title, may make voluntary contributions to his/her account in the Hybrid Program during the time he/she is on military leave. There is no deadline for veterans to make such voluntary contributions. These contributions shall be credited to the contributions account of such Hybrid Program participant. The Administrator shall establish the manner in which these participants shall make such voluntary contributions to their accounts under the Hybrid Program.

History —May 15, 1951, No. 447, p. 1298, added as § 5-114 on Apr. 4, 2013, No. 3, § 28, eff. July 1, 2013.