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1226a — Puerto Rico Law | CourtGPT
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  4. Title Seven - Banking (§§ 1 — 3116)/
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  6. Chapter 80 - Commercial and Agricultural Credit and Development Corporation § 1226a - Cost of Pensions for Early Retirement/
  7. 1226a
Puerto Rico Legal Code

1226a

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The Puerto Rico Commercial and Agricultural Credit and Development Corporation shall pay the actuarial cost of the pensions provided by §§ 1226—1226b of this title to the Employees Retirement System of the Government of Puerto Rico and its Instrumentalities. Said actuarial cost shall consist of the difference between the current value of the early pension provided in §§ 1226—1226b of this title and the current value of a pension for years of service under the provisions of §§ 761—830i of Title 3. History —Aug. 18, 1994, No. 90, § 2.