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1237 — Puerto Rico Law | CourtGPT
  1. Home/
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  3. Puerto Rico/
  4. Title Seven - Banking (§§ 1 — 3116)/
  5. Part III - Other Financial Institutions/
  6. Chapter 80c - Voluntary Early Retirement Program for the Employees of the Puerto Rico Trade and Export Company § 1237a - Pension/
  7. 1237
Puerto Rico Legal Code

1237

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The Puerto Rico Trade and Export Company, in its capacity as a public corporation, shall implement a Voluntary Early Retirement Program to include all employees of said company who by December 31, 2006, have completed a minimum of twenty-four (24) years of credited services as participants in the Employees Retirement System of the Government of the Commonwealth of Puerto Rico and its Instrumentalities.\nImplementation of the Voluntary Early Retirement Program for the Employees of the Puerto Rico Trade and Export Company herein authorized shall be done in strict compliance with all labor laws, the collective bargaining agreements in effect and with due respect to the Merit Principle, to the legal provisions that prohibit political discrimination and to the vested rights of the public servants employed in said entity.\nHistory —July 13, 2007, No. 66, § 1.