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5029 — Puerto Rico Law | CourtGPT
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  7. 5029
Puerto Rico Legal Code

5029

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The right to annuities for retirement, to benefits upon death and any other benefit pursuant to the provisions of this subchapter, regardless of its denomination, is a personal right acquired by the recipient; and the cession or transfer of said benefits and reimbursements, or part of same, shall be null, except otherwise provided in this subchapter. None of these pensions or benefits may be claimed for the payment of debts incurred by the person receiving it, with the exception of loans incurred by the participant, with cooperative savings and credit unions, which shall obligate up to twenty-five percent (25%) of the pension or benefit, except, in addition, for the provisions of § 5027 of this title, nor may [they] be attached nor be affected by any judicial proceeding.\nHistory —Aug. 12, 2000, No. 174, § 13.