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395f — Puerto Rico Law | CourtGPT
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  4. Title Eighteen - Education (§§ 1 — 3510-3520)/
  5. Part I - Public Schools/
  6. Chapter 18c - Commonwealth of Puerto Rico Teacher’s Retirement System Act Sub/
  7. Subchapter III - Provisions Applicable to All System Participants § 395 - System Participants/
  8. 395f
Puerto Rico Legal Code

395f

(a) The pensioner who returns to active service in the System on or before July 31, 2014, may choose to:(1) While in active service as a System participant, return all payments received from the System on account of the pension, in which case, upon his/her definitive separation from service, his/her pension shall be computed again on the basis of all services rendered before and after his/her return in the manner provided in this chapter; or(2) not to return the payments already received, in which case, upon his/her definitive separation from service, payment of the suspended pension shall be resumed, in addition, a supplementary pension shall be paid on the basis of services rendered and the average annual salary earned after his/her return to service. The supplementary pension shall be computed according to the formula provided in this chapter; in case the period of the services rendered after reinstatement is less than five (5) years, the average salary resulting from the entire aforementioned period of subsequent services rendered until July 31, 2014, shall be used.(b) As of August 1, 2014, the payment of the pension received by any pensioner shall be immediately suspended as

orementioned period of subsequent services rendered until July 31, 2014, shall be used.(b) As of August 1, 2014, the payment of the pension received by any pensioner shall be immediately suspended as soon as he/she holds a paid job in the Government. After his/her separation from service, the payment of the suspended pension shall be resumed, and the pensioner may choose to withdraw the contributions made from the date of reinstatement until the date of separation, if after reentering, he/she worked five (5) years or less or accrued ten thousand dollars ($10,000) or less. If the pensioner worked five (5) years or more or accrued ten thousand dollars ($10,000) or more, after reentering service, he/she shall be entitled to an additional pension computed in accordance with this chapter. History —Dec. 24, 2013, No. 160, § 3.7.
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