At the moment any participant is sixty-five (65) years old and is eligible to receive the benefits granted pursuant to Title II of the Federal Social Security Act, his/her retirement pension shall be recalculated and the amount of the retirement annuity shall be one and a half percent (11/2 %) of the average retribution, up to six thousand six hundred dollars ($6,600) per annum, multiplied by the number of years of creditable service, plus the corresponding percent, as provided in this section, of the average retribution in excess of six thousand six hundred dollars ($6,600) per annum. It is provided that the retirement annuity for those employees participating in the plan of complete supplementation of the Retirement System shall be recalculated upon reaching sixty-five (65) years of age.\nHistory —Aug. 12, 2000, No. 174, § 5.
Puerto Rico Legal Code