P.R. Laws tit. 3, § 787q
(a) In order to make up the System’s cash flow deficit, every fiscal year, beginning on fiscal year 2013-2014 and ending on fiscal year 2032-2033, the System shall receive a contribution equal to the Additional Uniform Contribution.
(b) For each fiscal year, the Retirement System Administration for the Employees of Government and the Judiciary shall: (i) determine the portion of the Additional Uniform Contribution corresponding to every employer participating in the System based on the percentage of the total employer contributions corresponding to such employer during the current fiscal year, and (ii) send to the Director of the Office of Management and Budget and each public corporation and municipalities whose employees are covered under this Act, a certificate stating the amount corresponding to such employer.
(c) The Office of Management and Budget shall earmark the resources to cover the contribution of the Central Government described in Section 5-117(b) in the Recommended General Budget of the Commonwealth of Puerto Rico. Each public corporation and municipality whose employees are covered under this Act shall be directly responsible for covering the certified contribution corresponding to such employer pursuant to Section 5-117(b). Notwithstanding the foregoing, the Office of Management and Budget shall earmark in General Budget of the Commonwealth of Puerto Rico, for any fiscal year, sufficient resources to cover, in whole or in part, the portion of the Additional Uniform Contribution corresponding to any public corporation, municipality or government instrumentality, including the Judicial Branch, whose operating expenses are not included either in whole or part in the General Budget Joint Resolution, to be subsequently determined by Office of Management and Budget at its absolute discretion during such fiscal year, which does not have the financial capacity to assume such obligation.
History —May 15, 1951, No. 447, p. 1298, added as § 5-117 on June 25, 2013, No. 32, § 4.