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Ten years later, the municipalities are still paying the cost of PROMESA

Mayors and former municipal executives emphasize that the main consequence was the elimination of the Equalization Fund and that it has not led to the structural transformation of municipal governments

June 29, 2026 - 12:58 PM

Orocovis, Mayo 14, 2019 - PR HOY / TUS NOTICIAS - Centro de recepciones de Orocovis - FOTOS para ilustrar una historia sobre una visita de la directora ejecutiva de la Junta de Supervisión Fiscal (JSF), Natalie Jaresko, al municipio de Orocovis (uno de los 10 ayuntamientos que deben rendir cuentas al ente como parte de un plan piloto). EN LA FOTO Jaresko junto a los alcaldes Javier Carrasquillo (alcalde de Cidra), Josian Santiago (alcalde de Comerio), William Alicea Perez (alcalde de Aibonito), Francisco López (alcalde de Barranquitas), Javier Hernández (alcalde de Villaba) y Jesus E. Colón Berlingeri (alcalde de Orocovis). FOTO POR: tonito.zayas@gfrmedia.com Ramon " Tonito " Zayas / GFR Media

In the center, then Executive Director of the Fiscal Oversight Board, Natalie Jaresko, interacts with mayors from the central region during a visit to Orocovis, as part of a pilot program through which several municipalities were required to report to the fiscal oversight body. (tonito.zayas@gfmedia.com)

Gloria Ruiz Kuilan

By Gloria Ruiz Kuilan

Periodista investigadoragloria.ruiz@gfrmedia.com

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Municipios de Puerto Rico

Deuda de Puerto Rico

Gloria Ruiz Kuilan

Gloria Ruiz Kuilan

gloria.ruiz@gfrmedia.com

Periodista con más 26 años de experiencia. Orgullosa de ser producto de la escuela pública. Criada en un residencial público de Bayamón en el que vivió la realidad diaria de muchos...

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Long before those changes, retirees and employees contributing to the Retirement Systems Administration (ASR) had already experienced their own set of adjustments.

The fight for pensions in Puerto Rico: how a citizens’ movement helped protect the income of 167,000 retirees

Monday, June 29, 2026 - 1:07 p.m.

In the center, then Executive Director of the Fiscal Oversight Board, Natalie Jaresko, interacts with mayors from the central region during a visit to Orocovis, as part of a pilot program through which several municipalities were required to report to the fiscal oversight body.

Ten years later, the municipalities are still paying the cost of PROMESA

Monday, June 29, 2026 - 12:58 p.m.

Al fondo, la torre de la Universidad de Puerto Rico, Recinto de Río Piedras.

How PROMESA transformed the UPR: budget cuts, higher tuition, and declining enrollment

Monday, June 29, 2026 - 12:44 p.m.

Arthur J. González and David A. Skeel.

How did the Fiscal Oversight Board reduce Puerto Rico’s debt? David Skeel and Arthur J. González recount the major decisions

Monday, June 29, 2026 - 12:11 p.m.

Mayra Rivera Torres and Ramón Santiago Fernández, spokespeople for Construyamos Otro Acuerdo, said that despite knocking on the government’s doors, they have received no response to their demands on behalf of retirees.

No pension increases, a life of poverty: new report examines PROMESA’s impact on central government retirees

Monday, June 29, 2026 - 11:43 a.m.

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