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Adjustment affects three out of four pensioners

According to the Board executive, Andrew Biggs, the precarious position of the government forces a cut on pensions as part of the renegotiation of debt.

7 de agosto de 2017 - 8:54 AM

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This content was published more than 8 years ago.
(GFR Media)
(GFR Media)

The Board intends to change the way to calculate the pensions that are paid today, which could reduce that income by up to 25% and affect three out of four retirees in the public sector in Puerto Rico.

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