(a) The Secretary of Labor and Human Resources shall regulate the use of any fund created or that may be created for the priority employment or for granting incentives geared towards the employment of women aged sixty-two (62) or older and men aged sixty-five (65) or older which shall also include those persons who have not paid the required minimum of forty (40) quarters to the Social Security. To these ends, the Secretary is empowered to accept monetary donations to be deposited in any fund created or that may be created pursuant to this chapter.
(b) In addition, the Secretary shall also provide for the creation of an inventory of any suitable and unsuitable tasks for the persons covered in this chapter. Said inventory shall be available and updated at all times so that it may serve as a guide for the beneficiaries thereof and for potential public and private employers.
(c) In the case of the private sector, the implementation of this public policy and the application of this benefit shall include any project or program which use government, state, or municipal funds, financing or incentives, and funds from federal government legislation or proposals.
(d) It is hereby established that in the public sector as well as in the participating private sector, a minimum of ten percent (10%) of the generated jobs shall be reserved for the purposes of the public policy herein established. This shall be subject to compliance with the required qualifications for each post, position, or office.
(e) To establish this public policy oversight shall be exercised firstly to benefit men aged sixty-five (65) or older and women aged sixty-two (62) or older in agreement with Social Security age regulations. Likewise, to the degree possible, it shall be extended to persons aged sixty (60) or older regardless of gender.
History —Jan. 23, 2006, No. 17, §§ 3—6.