(a) The Puerto Rico Harbor Pilots Welfare and Pension Plan Trust, as authorized by Resolution No. 8304 of March 11, 1983, of the Puerto Rico Ports Authority, as amended by Resolution No. 90-63 of September 19, 1990, shall continue in effect as created and maintained by the documents of the plan, even though all the former powers and obligations held by the Puerto Rico Ports Authority shall become the responsibility of the Puerto Rico Pilotage Commission when this act becomes effective, which shall continue its operations and maintenance.(b) [The] Puerto Rico Harbor Pilots Pension and Welfare Plan Trust shall be operated and administrated pursuant to the guidelines of the Federal Employee Retirement Income Security Act of 1974 (ERISA), as amended. History —Aug. 12, 1999, No. 226, § 25, eff. 30 days after Aug. 12, 1999.
Puerto Rico Legal Code