(a) All retired members of the Puerto Rico Police or entitled to retirement under the terms of §§ 761 et seq. of this title, who are receiving or are entitled to receive at the time of retirement an annual pension or annuity for life under one thousand dollars ($1,000) per month, shall be entitled to receive two hundred additional dollars ($200) or the difference between the amount they receive as retired member of the Police and one thousand dollars ($1,000), whichever amount is less, from the date of approval of this act. The increase in said pension shall be made using the following formula:The difference between the pension received by the retired member of the Police and the amount of one thousand dollars ($1,000), or two hundred dollars ($200), whichever amount is less, shall be divided into two (2) equal portions to be applied annually in order for the increase to be completed within a period of two (2) years.(b) The Retirement System Administrator shall take the necessary measures to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, res to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, but the amounts needed for subsequent years shall be included in the General Expenses Budget of the Government of the Commonwealth of Puerto Rico.(d) The Retirement System Administration of the Government shall receive the funds to cover the payment of this benefit before July 15 of each year. History —Aug. 25, 2000, No. 208, §§ 1—4. (a) All retired members of the Puerto Rico Police or entitled to retirement under the terms of §§ 761 et seq. of this title, who are receiving or are entitled to receive at the time of retirement an annual pension or annuity for life under one thousand dollars ($1,000) per month, shall be entitled to receive two hundred additional dollars ($200) or the difference between the amount they receive as retired member of the Police and one thousand dollars ($1,000), whichever amount is less, from the date of approval of this act. The increase in said pension shall be made using the following formula:The difference between the pension received by the retired member of the Police and the amount of one thousand dollars ($1,000), or two hundred dollars ($200), whichever amount is less, shall be divided into two (2) equal portions to be applied annually in order for the increase to be completed within a period of two (2) years.(b) The Retirement System Administrator shall take the necessary measures to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, res to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, but the amounts needed for subsequent years shall be included in the General Expenses Budget of the Government of the Commonwealth of Puerto Rico.(d) The Retirement System Administration of the Government shall receive the funds to cover the payment of this benefit before July 15 of each year. History —Aug. 25, 2000, No. 208, §§ 1—4. (a) All retired members of the Puerto Rico Police or entitled to retirement under the terms of §§ 761 et seq. of this title, who are receiving or are entitled to receive at the time of retirement an annual pension or annuity for life under one thousand dollars ($1,000) per month, shall be entitled to receive two hundred additional dollars ($200) or the difference between the amount they receive as retired member of the Police and one thousand dollars ($1,000), whichever amount is less, from the date of approval of this act. The increase in said pension shall be made using the following formula:The difference between the pension received by the retired member of the Police and the amount of one thousand dollars ($1,000), or two hundred dollars ($200), whichever amount is less, shall be divided into two (2) equal portions to be applied annually in order for the increase to be completed within a period of two (2) years.(b) The Retirement System Administrator shall take the necessary measures to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, res to comply with the provisions of this section.(c) The cost of the first portion of the increase established by this section shall be defrayed with unencumbered funds in the Commonwealth Treasury, but the amounts needed for subsequent years shall be included in the General Expenses Budget of the Government of the Commonwealth of Puerto Rico.(d) The Retirement System Administration of the Government shall receive the funds to cover the payment of this benefit before July 15 of each year. History —Aug. 25, 2000, No. 208, §§ 1—4.
Puerto Rico Legal Code