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Rosselló exempts municipalities from pension payments

The Board warned that the legislation will have a negative impact on the General Fund

18 de mayo de 2019 - 11:08 AM

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This content was published more than 6 years ago.
Governor Ricardo Rosselló Nevares signed the bill on Friday. (GFR Media)
Governor Ricardo Rosselló Nevares signed the bill on Friday. (GFR Media)

Governor Ricardo Rosselló Nevares signed into law yesterday a bill that will exempt municipalities from contributing funds to pension payments but will cost about $311 million to the General Fund as of July, according to the Oversight Board.

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