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395p — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  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. 395p
Puerto Rico Legal Code

395p

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(a) When an inactive System participant dies, accrued contributions plus the compound interest thereon shall be refunded, after deducting any debts outstanding in the System.(b) Such refund shall be payable to the beneficiaries designated by the deceased participant in the System, through the designation of beneficiaries, or in its default, to his/her legal heirs. History —Dec. 24, 2013, No. 160, § 3.17.