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307e — Puerto Rico Law | CourtGPT
  1. Home/
  2. Laws/
  3. Puerto Rico/
  4. Title Twenty-three - Public Planning and Development (§§ 1 — 11273)/
  5. Part II - Economic Development/
  6. Chapter 23b - Puerto Rico Industrial Development Company, Early Retirement Program (2005)§ 307 - Implementation/
  7. 307e
Puerto Rico Legal Code

307e

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In those cases in which the employees, in order to [be] able to complete the twenty-four and a half (24 1 / 2) years, need to have the services not accounted for in the Retirement System of the Employees of the Government of the Commonwealth of Puerto Rico accredited, must file an application with the Coordinator of Retirement Matters of the Industrial Development Company, before their date of separation from service. It is also provided that the employees may use the accrued vacation or sick leave so as to be able to compute the months they may lack to complete the retirement requirements provided by this chapter in order to be able to avail themselves of this window. To those effects, every twenty (20) accrued days shall equal one month of work.The Coordinator of Retirement Matters of the Industrial Development Company shall certify to the System that the application for services not accounted for was filed while the employee was still in active service.The Administrator of the Retirement System of the Employees of the Government of the Commonwealth of Puerto Rico shall accept the payment for the unaccounted services made by the employee even when the latter is no longer in

Retirement System of the Employees of the Government of the Commonwealth of Puerto Rico shall accept the payment for the unaccounted services made by the employee even when the latter is no longer in active service, as an exception to § 765a of Title 3, provided it receives the certification of the Coordinator. The effective date of the pension shall be the day following separation from service, even though the employee has not finished paying for the unaccounted services. History —Nov. 22, 2005, No. 143, § 6.