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384 — Puerto Rico Law | CourtGPT
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  2. Laws/
  3. Puerto Rico/
  4. Title Eighteen - Education (§§ 1 — 3510-3520)/
  5. Part I - Public Schools/
  6. Chapter 18 - Pension Adjustment for Retired Teachers § 384 - Definitions/
  7. 384
Puerto Rico Legal Code

384

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Unless otherwise implied from the context of this chapter, the following terms shall have the meaning set forth hereinbelow:(a) System. — The Teachers’ Retirement System, created by virtue of Act No. 218 of May 6, 1951, or by virtue of legislation approved in the future.(b) Adjusted pension. — The resulting pension after applying three percent (3%) to the gross pension. History —Sept. 4, 1992, No. 62, § 2.