Pension Reform: The Numbers Speak for Themselves. To view the report’s enlarged tables and graphics click HERE.
Pension Reform Act, Law No. 3 of April 4, 2013. Click HERE to read GDB's unofficial English translation of the Act, excluding the Statement of Motives. GDB makes no representation or warranty as to the accuracy or completeness of this translation and strongly suggests reading the full text of the Act in Spanish (available HERE), pending issuance of the official translation of the Act by the Puerto Rico Office of Legislative Services.
Since August 6, 2009, Puerto Rico residents can purchase the Economic Cooperation with Puerto Rico Savings Bonds at credit unions and cooperative savings banks, commercial banks, and P.R. Treasury Department collections offices throughout the Island. (List of Participant Institutions Only in Spanish)
Beginning with a minimum purchase of $100.00, an individual may purchase up to a maximum of $5,000 in $50- denominations. Payment for Savings Bonds can be made in cash, money order, cashier’s check or debit card transactions. The savings bonds will be available until the sale of a total of $20 million, as approved by the Legislative Assembly in Act No. 7 of March 9, 2009.
For more information, read the Savings Bonds brochure (available in Spanish only) and/or contact the GDB at 787-722-2525 x15580.
