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1237c — Puerto Rico Law | CourtGPT
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  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. 1237c
Puerto Rico Legal Code

1237c

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The Trade and Export Company shall grant to the employees who comply with the parameters set forth in §§ 1237 and 1237a of this title an incentive to constitute the payment of:(a) A medical insurance plan for one year under the conditions of the plan which the employee actually holds as of the effective date of his/her retirement or a bonus equal to the cost of the contribution made by the Company for that benefit. Subsequently, the Company shall contribute to the Retirement Systems Administration the payment for the medical insurance plan which is in effect for the pensioners under said system, until the participant is eligible for obtaining the benefits of the Administration. History —July 13, 2007, No. 66, § 4.