(a) Pensions below two hundred (200) dollars monthly corresponding to persons retired prior to July 1, 1967, in accordance with the provisions of § 761 et seq. of this title, or of pension plans superseded hereby which are higher than the minimum established herein shall be increased as follows:
By thirty (30) dollars a month such pensions corresponding to persons who separate from service after they have completed more than 30 years of creditable service; by twenty-five (25) dollars a month the pensions corresponding to persons who have completed more than 20 and up to 30 years of creditable service; by twenty (20) dollars a month the pensions corresponding to persons who have completed more than 15 and up to 20 years of creditable service; and by fifteen (15) dollars a month the pensions corresponding to persons who have completed 15 years or less of creditable service.
(b) If the present pension plus the increase to be granted in accordance with the provisions of subsection (a) of this section exceeds the amount of two hundred (200) dollars a month, the annuitant shall receive as an increase the amount necessary to complete two hundred (200) dollars a month.
(c) The annuitants who receive a pension of less than the minimum amounts herein established shall receive the increase resulting higher between the readjustment to the minimum and the increase corresponding for the years of creditable services.
There is, also, provided that the increase that in accordance with the preceding sections corresponds to pensions for occupational disability or death shall not be less than twenty-five (25) dollars a month.
(d) The Administrator is hereby authorized to grant a partial payment plan, when the economic situation of the debtor so justifies, for the collection of the debts that the annuitants may have with the System in accordance with the provisions of §§ 761 et seq. of this title, or the pension plans superseded by these sections by reason of refunds which shall be made to the Retirement System of the Employees of the Commonwealth of Puerto Rico and its instrumentalities, for the amount paid in excess of the monthly amount of the pension which corresponded to them from the time on which they began to receive the benefits of the Social Security.
History —June 10, 1967, No. 127, p. 388, § 3, eff. July 1, 1967.