{"id":348,"date":"2022-12-16T02:48:39","date_gmt":"2022-12-16T02:48:39","guid":{"rendered":"https:\/\/consejotransitorio.org\/?page_id=348"},"modified":"2024-01-22T18:47:22","modified_gmt":"2024-01-22T22:47:22","slug":"preguntas-informativas","status":"publish","type":"page","link":"https:\/\/consejotransitorio.org\/en\/reserva\/preguntas-informativas\/","title":{"rendered":"Informative Q&amp;A"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"348\" class=\"elementor elementor-348\" data-elementor-post-type=\"page\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-409d21e1 elementor-reverse-tablet elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"409d21e1\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-42152dc5\" data-id=\"42152dc5\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6cf1677b elementor-widget elementor-widget-heading\" data-id=\"6cf1677b\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-heading-title{padding:0;margin:0;line-height:1}.elementor-widget-heading .elementor-heading-title[class*=elementor-size-]>a{color:inherit;font-size:inherit;line-height:inherit}.elementor-widget-heading .elementor-heading-title.elementor-size-small{font-size:15px}.elementor-widget-heading .elementor-heading-title.elementor-size-medium{font-size:19px}.elementor-widget-heading .elementor-heading-title.elementor-size-large{font-size:29px}.elementor-widget-heading .elementor-heading-title.elementor-size-xl{font-size:39px}.elementor-widget-heading .elementor-heading-title.elementor-size-xxl{font-size:59px}<\/style><h2 class=\"elementor-heading-title elementor-size-default\">INFORMATIVE Q&amp;A<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-972b929 elementor-icon-list--layout-inline elementor-align-center elementor-list-item-link-full_width elementor-widget elementor-widget-icon-list\" data-id=\"972b929\" data-element_type=\"widget\" data-widget_type=\"icon-list.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<link rel=\"stylesheet\" href=\"https:\/\/consejotransitorio.org\/wp-content\/plugins\/elementor\/assets\/css\/widget-icon-list.min.css\">\t\t<ul class=\"elementor-icon-list-items elementor-inline-items\">\n\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"\/en\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Home<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<a href=\"https:\/\/consejotransitorio.org\/en\/reserva\/\">\n\n\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">THE PENSION RESERVE<\/span>\n\t\t\t\t\t\t\t\t\t\t\t<\/a>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t\t\t<li class=\"elementor-icon-list-item elementor-inline-item\">\n\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-icon\">\n\t\t\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-chevron-right\"><\/i>\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-icon-list-text\">Informative Q&amp;A<\/span>\n\t\t\t\t\t\t\t\t\t<\/li>\n\t\t\t\t\t\t<\/ul>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-78b80568 elementor-reverse-tablet elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"78b80568\" data-element_type=\"section\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-4f5d709\" data-id=\"4f5d709\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-74da452 elementor-widget elementor-widget-jkit_accordion\" data-id=\"74da452\" data-element_type=\"widget\" data-widget_type=\"jkit_accordion.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<div  class=\"jeg-elementor-kit jkit-accordion style-default jeg_module___663b75b15b56c\" ><div class=\"card-wrapper expand\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-23a9d72\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-23a9d72\" aria-controls=\"expand-23a9d72\">\n                        <span class=\"title\">What is the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-23a9d72\" style=\"display:block\"><div class=\"card-body\"><p>Established on March 15, 2022, The Pension Reserve Fund, was created as part of the Plan of Adjustment for the Commonwealth of Puerto Rico confirmed by the U.S. District Court for the District of Puerto Rico to create a multimillion fund that will provide greater security to current and future retirees by supporting pension payments when the Government of Puerto Rico does not have enough money to meet pension obligations. The Pension Reserve plays a fundamental role in ensuring that the Government makes all retiree pension payments under the PayGo system, regardless of its fiscal situation.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-220631e\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-220631e\" aria-controls=\"expand-220631e\">\n                        <span class=\"title\">Where does funding for the Pension Reserve come from?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-220631e\" style=\"display:none\"><div class=\"card-body\"><p>Los fondos vienen del Fondo General del Gobierno de Puerto Rico. Seg\u00fan el Plan Fiscal certificado por la Junta de Supervisi\u00f3n Fiscal (JSF) el 27 de enero de 2022, se espera que, en 10 a\u00f1os, la Reserva de Pensiones desarrolle un fondo (aportaciones anuales + rendimiento de inversiones) ascendiente a m\u00e1s de $10,000 millones. Para que tengan una idea del posible alcance de la Reserva de Pensiones, los sistemas de retiro en Puerto Rico, ni en su mejor momento, tuvieron la capitalizaci\u00f3n de $10,000 millones que se espera para la Reserva de Pensiones.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-a0e0834\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-a0e0834\" aria-controls=\"expand-a0e0834\">\n                        <span class=\"title\">How is the Government required to contribute to the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-a0e0834\" style=\"display:none\"><div class=\"card-body\"><p>The Plan of Adjustment as confirmed by the U.S. District Court for the District of Puerto Rico requires the Government to contribute at least $175 million per year to the Pension Reserve. The contribution amount can be higher if the Government exceeds its projected revenue in any given year. If the Government fails to make its contributions, then the Benefits Council can go to the U.S. District Court to enforce compliance.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-71a87f9\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-71a87f9\" aria-controls=\"expand-71a87f9\">\n                        <span class=\"title\">What happens if the Government fails to make the required Pension Reserve contributions?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-71a87f9\" style=\"display:none\"><div class=\"card-body\"><p>If the Government fails to make the required contributions in any given year, it would be breaching the terms of the Plan of Adjustment as confirmed by the U.S. District Court for the District of Puerto Rico. Therefore, the Benefits Council could file a complaint with the U.S. District Court for the District of Puerto Rico on behalf of the Pension Reserve Fund to claim payment of the established contributions. This way, the Court may order said payment and may establish the necessary penalties to compel the Government\u2019s compliance with the provisions of the Plan of Adjustment.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-70e7063\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-70e7063\" aria-controls=\"expand-70e7063\">\n                        <span class=\"title\">Is the Pension Reserve the same as the Retirement System?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-70e7063\" style=\"display:none\"><div class=\"card-body\"><p>No. The Pension Reserve and the Retirement System are two different entities with separate functions. On the one hand, the Pension Reserve is an agency of the Government of Puerto Rico created by statute, that manages the retirement benefits of public employees. On the other hand, the Pension Reserve was created under the Plan of Adjustment, it is a trust, and is a separate legal entity independent from the Government of Puerto Rico. The Pension Reserve was created to provide funding security to pension payments if the Government lacks sufficient revenue. The funds that will be held in the Pension Reserve will not be managed by the Government.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-a9c17a9\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-a9c17a9\" aria-controls=\"expand-a9c17a9\">\n                        <span class=\"title\">\u00bfPuede el Consejo de Beneficios aumentar pensiones o restituir beneficios de retiro utilizando los fondos de La Reserva?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-a9c17a9\" style=\"display:none\"><div class=\"card-body\"><p>No. Ni el Consejo de Beneficios de Pensiones ni el Fideicomiso de Reserva de Pensiones tienen la capacidad o autoridad legal para aumentar las pensiones o restituir beneficios de retiro o de utilizar los fondos en La Reserva para dicho fin. Cualquier aumento o restituci\u00f3n de los beneficios de retiro requiere legislaci\u00f3n y autorizaci\u00f3n expresa del Tribunal Federal al amparo del Plan de Ajuste del Gobierno de Puerto Rico.\u00a0<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-5b3bf2b\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-5b3bf2b\" aria-controls=\"expand-5b3bf2b\">\n                        <span class=\"title\">Who are the beneficiaries of the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-5b3bf2b\" style=\"display:none\"><div class=\"card-body\"><p>Retirees and active employees who are entitled to a defined benefits pension from the Government, Teachers, and Judiciary retirement systems will benefit from \u00a0<strong>THE PENSION RESERVE<\/strong>\u00a0established to protect their pensions and prevent them from being at risk again.<\/p><p>According to current estimates, 220,050 people could benefit from The Pension Reserve.\u00a0<\/p><p><strong>Employee Retirement System of the Government of PR \u2013\u00a0<\/strong>Employees appointed under Act No. 447 on or before March 31, 1990, or under Act No. 1 on or before December 31, 1999.<\/p><p><strong>Teachers Retirement System \u2013<\/strong>\u00a0Teachers appointed under Act No. 91 on or before July 31, 2014.<\/p><p><strong>Judiciary Retirement System:<\/strong> Judges appointed on or before March 14, 2022.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-af6f568\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-af6f568\" aria-controls=\"expand-af6f568\">\n                        <span class=\"title\">Who are not beneficiaries of the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-af6f568\" style=\"display:none\"><div class=\"card-body\"><p><strong>Government Employee Retirement System:<\/strong> Act No. 305 of September 24, 1999 (2000 Reform) \/ Act No. 3- 2013; Act No. 106-2017 (Defined Contributions). Appointed from December 1, 2000, onwards.<br \/>2017 (Aportaciones Definidas). Nombrados desde el 1ro de diciembre de 2000 en adelante.<\/p><p><strong>Teachers:<\/strong> Act No. 160-2013 \/ Act No. 106-2017 (Defined Contributions). Appointed from August 1, 2014, onwards.<\/p><p><strong>Judges:<\/strong> Appointed as of March 15, 2022.<\/p><p class=\"p1\"><strong>Pensionados que no han pasado a la n\u00f3mina del Sistema PayGo:<\/strong> Si es participante de la Ley 70 del 2 de julio de 2010, de la Ley 211 del 8 de diciembre de 2015 o cualquier otra legislaci\u00f3n existente o futura que incentive el retiro, en donde: (a) los exempleados todav\u00eda est\u00e9n cobrando su beneficio de retiro de la n\u00f3mina de su patrono y (b) todav\u00eda no hayan pasado a la n\u00f3mina del Sistema PayGo, no participan del Fondo de la Reserva de Pensiones. Una vez pase a la n\u00f3mina del Sistema PayGo, podr\u00e1 votar y nominarse al Consejo de Beneficios de Pensiones.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-42a975e\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-42a975e\" aria-controls=\"expand-42a975e\">\n                        <span class=\"title\">\u00bfPor qu\u00e9 es importante que los empleados activos y retirados se interesen en la Reserva y quieran pertenecer al Consejo de Beneficios?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-42a975e\" style=\"display:none\"><div class=\"card-body\"><p>Por primera vez en la historia, los retirados actuales y futuros con beneficios de retiro definidos tienen una reserva que ayudar\u00e1 a pagar y dar\u00e1 seguridad a sus pensiones, si el gobierno no pudiera pagar las pensiones debido a una emergencia (por ejemplo, un hurac\u00e1n) o que los recaudos caigan por debajo de las proyecciones. Este fondo se nutre de aportaciones del Gobierno y es por una Junta de Inversiones. Es importante que los retirados se interesen, porque el Consejo de Beneficios es el ente responsable de velar que el Gobierno cumpla con las aportaciones seg\u00fan lo establecido en el Plan de Ajuste confirmado por el Tribunal Federal y de evaluar las solicitudes del Gobierno para retirar fondos de la Reserva de Pensiones. Adem\u00e1s, el Consejo de Beneficios en estos momentos nombra dos de los cinco miembros de la Junta de Reserva y cuando la Junta de Supervisi\u00f3n Fiscal ya no exista, nombrar\u00e1 tres de los cinco.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-ad38f6b\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-ad38f6b\" aria-controls=\"expand-ad38f6b\">\n                        <span class=\"title\">Who manages the funds in the Pension Reserve to ensure that the Government will not waste the funds intended for pension payments, as it did in the past?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-ad38f6b\" style=\"display:none\"><div class=\"card-body\"><p>La Reserva de Pensiones es una entidad independiente del Gobierno de Puerto Rico donde los retirados tienen un rol importante de supervisi\u00f3n. Conforme al Reglamento del Fondo de Reserva de Pensiones, hay un Consejo de Beneficios \u2013compuesto mayormente por retirados\u2013 y una Junta de Inversiones compuesta por personas con experiencia. Asimismo, el Reglamento establece espec\u00edficamente los requisitos y condiciones con los que el Gobierno deber\u00e1 cumplir sobre la financiaci\u00f3n, retiros y usos del dinero.<\/p><p><strong>The Benefits Council:<\/strong> compuesto por 9 miembros (5 retirados \u20132 del Sistema de Retiro Central, 2 del Sistema de Retiro de Maestros y 1 del Sistema de Retiro de la Judicatura, y 1 empleado activo electos para representar a retirados y empleados por un t\u00e9rmino de 4 a\u00f1os; 1 integrante nombrado por AFSCME\/Servidores P\u00fablicos Unidos; 1 integrante nombrado por el Gobernador de Puerto Rico; y 1 integrante nombrado por la JSF). Dicho Consejo de Beneficios es responsable de asegurar que el Gobierno cumple con los dep\u00f3sitos anuales, nombrar a dos de los integrantes de la Junta de Inversiones y autorizar los retiros conforme a los requisitos que establece el Reglamento del Fideicomiso de la Reserva de Pensiones. Asimismo, el Consejo de Beneficios deber\u00e1 publicar un informe anual al terminar cada a\u00f1o fiscal. El Consejo de Beneficios podr\u00e1 demandar (y ser demandado) en el Tribunal Federal, si se incumple con el Reglamento del Fideicomiso de la Reserva de Pensiones.<\/p><p><strong>The Investment Board:<\/strong> Composed of 5 professionals appointed for a 6-year term (2 designated by the Benefits Council, 2 designated by the Governor of Puerto Rico, and 1 designated by the FOMB) with extensive experience and expertise in economy\/finances and\/or investment management. The Board invests and manages the funds held in the Pension Reserve to make pension payments to retirees, as well as submitting periodic investment performance reports to the Benefits Council. The Board must also issue an annual report at the end of each fiscal year. The Investment Board, which has a fiduciary duty and is subject to the Puerto Rico Government Code of Ethics, will also be able to sue (and be sued) in the U.S. District Court for the District of P.R. Court in the event of noncompliance with the provisions of the Guidelines.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-014c4ea\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-014c4ea\" aria-controls=\"expand-014c4ea\">\n                        <span class=\"title\">When will the Government have access to the funds deposited in the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-014c4ea\" style=\"display:none\"><div class=\"card-body\"><p>To afford the funds in The Pension Reserve a reasonable amount of time to grow through investments, the Government may not withdraw any Pension Reserve funds until after 2032, pursuant to the Guidelines, except in a case of force majeure, such as a hurricane, when revenues may fall and there is not enough cashflow to make pension payments. All Government requests for fund withdrawals will have to be approved by the Benefits Council, on the recommendation of the Investment Board.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-6fcab0c\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-6fcab0c\" aria-controls=\"expand-6fcab0c\">\n                        <span class=\"title\">What things the Government cannot do with the money deposited in the Pension Reserve?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-6fcab0c\" style=\"display:none\"><div class=\"card-body\"><p>According to the confirmed Plan of Adjustment, the purpose of the money deposited in the Pension Reserve is to provide security to pension payments under the PayGo system, which are normally paid by the General Fund. Therefore, the Government cannot use this money for any purpose, such as making payroll payments, paying Government operational expenses, or covering the cost of enacted laws.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-296e9d0\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-296e9d0\" aria-controls=\"expand-296e9d0\">\n                        <span class=\"title\">Can the Government amend the Pension Reserve Guidelines?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-296e9d0\" style=\"display:none\"><div class=\"card-body\"><p>No, any amendment to the Guidelines must be submitted to and approved by the U.S. District Court for the Court of P.R. The Government of Puerto Rico, the Benefits Council, and the Investment Board may, jointly or independently, request an amendment to the Guidelines, but the other parties can object if there is no consensus.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-c39843b\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-c39843b\" aria-controls=\"expand-c39843b\">\n                        <span class=\"title\">\u00bfC\u00f3mo se eligen los retirados y empleados activos que pertenecen al Consejo de Beneficios?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-c39843b\" style=\"display:none\"><div class=\"card-body\"><p class=\"p1\">Conforme a lo que establece el Reglamento del Fondo de Reserva de Pensiones, en el 2023 se nombr\u00f3 un Consejo Transitorio compuesto por 9 integrantes, nombrados de la siguiente manera: 5 retirados por el Comit\u00e9 Oficial de Retirados (COR); 2 miembros por AFSCME; 1 miembro por el Gobierno; y 1 miembro por la JSF.<\/p><p class=\"p1\">Dicho consejo desarroll\u00f3 y ejecut\u00f3 un proceso de elecciones para escoger a los empleados retirados y el activo del Gobierno de Puerto Rico que pertenecer\u00e1n al Consejo de Beneficios por un t\u00e9rmino de 4 a\u00f1os, entre los votantes elegibles que participan de la reserva de pensiones.<\/p><p class=\"p1\">Las pr\u00f3ximas elecciones se llevar\u00e1n a cabo en 2027.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-c8afca4\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-c8afca4\" aria-controls=\"expand-c8afca4\">\n                        <span class=\"title\">\u00bfQui\u00e9nes pueden nominar su candidatura al Consejo de Beneficios?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-c8afca4\" style=\"display:none\"><div class=\"card-body\"><p>El Reglamento del Fondo de Reserva de Pensiones establece que los integrantes del Consejo de Beneficios electos por los retirados y empleados activos deber\u00e1n ser participantes de la Reserva de Pensiones, porque reciben una pensi\u00f3n definida o anualidad bajo el sistema de PayGo del Gobierno de Puerto Rico. Asimismo, deber\u00e1n ser residentes de Puerto Rico. Los beneficiarios de estas personas y miembros activos de la Junta de Retiro bajo la Ley 106-2017, NO ser\u00e1n elegibles.<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-893f650\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-893f650\" aria-controls=\"expand-893f650\">\n                        <span class=\"title\">\u00bfCada cu\u00e1nto tiempo se llevar\u00e1n a cabo las elecciones?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-893f650\" style=\"display:none\"><div class=\"card-body\"><p><span style=\"font-weight: 400\">Las elecciones se llevar\u00e1n a cabo cada 4 a\u00f1os. La primera elecci\u00f3n fue en el 2023, y la pr\u00f3xima se espera que sea en el 2027.\u00a0\u00a0<\/span><\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-e2f1014\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-e2f1014\" aria-controls=\"expand-e2f1014\">\n                        <span class=\"title\">How will retirees learn about the nomination process and other election details?<\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-e2f1014\" style=\"display:none\"><div class=\"card-body\"><p>Conforme a las Gu\u00edas, el Consejo de Beneficios de Pensiones deber\u00e1 notificar su intenci\u00f3n de llevar a cabo las elecciones\u00a0 mediante aviso p\u00fablico el Proceso de Elecciones, comenzando por el proceso de Nominaci\u00f3n. Las Gu\u00edas tambi\u00e9n establecen que se debe aprobar un reglamento de elecciones antes de comenzar el proceso.\u00a0\u00a0<\/p><\/div><\/div>\n            <\/div><div class=\"card-wrapper\">\n                <div class=\"card-header\">\n                    <a href=\"#expand-7cd618a\" class=\"card-header-button\" aria-expanded=\"false\" data-target=\"#expand-7cd618a\" aria-controls=\"expand-7cd618a\">\n                        <span class=\"title\">\u00bfHasta cu\u00e1ndo existir\u00e1 la Reserva de Pensiones y el Consejo de Beneficios? <\/span><div class=\"right-icon-group\">\n                <div class=\"normal-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-down\"><\/i><\/div>\n                <div class=\"active-icon\"><i aria-hidden=\"true\" class=\"fas fa-chevron-up\"><\/i><\/div>\n            <\/div>\n                    <\/a>\n                <\/div>\n                <div class=\"card-expand\" id=\"expand-7cd618a\" style=\"display:none\"><div class=\"card-body\"><p>Conforme a la Secci\u00f3n 1.3 de las Gu\u00edas, el Fideicomiso de la Reserva de Pensiones y el Consejo de Beneficios de Pensiones existir\u00e1n hasta 30 d\u00edas despu\u00e9s de que se retiren todos los fondos seg\u00fan disponen las Gu\u00edas, o hasta que se pague la totalidad de los beneficios de pensiones de los retirados participantes en La Reserva; lo que suceda primero. Se espera que el Gobierno contin\u00fae pagando pensiones a los retirados actuales y a los empleados activos con derecho a una pensi\u00f3n vitalicia\u00a0por alrededor de unos cincuenta a\u00f1os m\u00e1s.\u00a0<\/p><\/div><\/div>\n            <\/div><\/div>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-2a3fd98 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"2a3fd98\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-ff098a3\" data-id=\"ff098a3\" data-element_type=\"column\" data-settings=\"{&quot;background_background&quot;:&quot;classic&quot;}\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t<div class=\"elementor-background-overlay\"><\/div>\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-349cffc elementor-invisible elementor-widget elementor-widget-heading\" data-id=\"349cffc\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInDown&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Have questions?<\/h2>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-baf882e elementor-widget elementor-widget-text-editor\" data-id=\"baf882e\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<style>\/*! elementor - v3.21.0 - 30-04-2024 *\/\n.elementor-widget-text-editor.elementor-drop-cap-view-stacked .elementor-drop-cap{background-color:#69727d;color:#fff}.elementor-widget-text-editor.elementor-drop-cap-view-framed .elementor-drop-cap{color:#69727d;border:3px solid;background-color:transparent}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap{margin-top:8px}.elementor-widget-text-editor:not(.elementor-drop-cap-view-default) .elementor-drop-cap-letter{width:1em;height:1em}.elementor-widget-text-editor .elementor-drop-cap{float:left;text-align:center;line-height:1;font-size:50px}.elementor-widget-text-editor .elementor-drop-cap-letter{display:inline-block}<\/style>\t\t\t\t<p>Share your questions regarding THE PENSION RESERVE with the Transitional Council, so that we can help you in any way possible.<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1a45b12 elementor-align-left animated-slow elementor-tablet-align-right elementor-mobile-align-center elementor-widget__width-auto elementor-invisible elementor-widget elementor-widget-button\" data-id=\"1a45b12\" data-element_type=\"widget\" data-settings=\"{&quot;_animation&quot;:&quot;fadeInUp&quot;}\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-float\" href=\"https:\/\/consejotransitorio.org\/en\/contacto\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Contact Us<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>","protected":false},"excerpt":{"rendered":"<p>PREGUNTAS INFORMATIVAS Inicio RESERVA Preguntas Informativas \u00bfQu\u00e9 es la Reserva de Pensiones? Establecida el 15 de marzo de 2022, el Fondo de Reserva de Pensiones fue creado mediante el Plan de Ajuste de la Deuda de Puerto Rico confirmado por el Tribunal Federal para establecer un fondo multimillonario que apoye y ofrezca mayor seguridad al [&hellip;]<\/p>","protected":false},"author":1,"featured_media":0,"parent":6,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Preguntas Informativas - Fondo de Reserva de Pensiones<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/consejotransitorio.org\/en\/reserva\/preguntas-informativas\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Preguntas Informativas - Fondo de Reserva de Pensiones\" \/>\n<meta property=\"og:description\" content=\"PREGUNTAS INFORMATIVAS Inicio RESERVA Preguntas Informativas \u00bfQu\u00e9 es la Reserva de Pensiones? Establecida el 15 de marzo de 2022, el Fondo de Reserva de Pensiones fue creado mediante el Plan de Ajuste de la Deuda de Puerto Rico confirmado por el Tribunal Federal para establecer un fondo multimillonario que apoye y ofrezca mayor seguridad al [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/consejotransitorio.org\/en\/reserva\/preguntas-informativas\/\" \/>\n<meta property=\"og:site_name\" content=\"Fondo de Reserva de Pensiones\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-22T22:47:22+00:00\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data1\" content=\"10 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/consejotransitorio.org\/reserva\/preguntas-informativas\/\",\"url\":\"https:\/\/consejotransitorio.org\/reserva\/preguntas-informativas\/\",\"name\":\"Preguntas Informativas - Fondo de Reserva de Pensiones\",\"isPartOf\":{\"@id\":\"https:\/\/consejotransitorio.org\/#website\"},\"datePublished\":\"2022-12-16T02:48:39+00:00\",\"dateModified\":\"2024-01-22T22:47:22+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/consejotransitorio.org\/reserva\/preguntas-informativas\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/consejotransitorio.org\/reserva\/preguntas-informativas\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/consejotransitorio.org\/reserva\/preguntas-informativas\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/consejotransitorio.org\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Reserva\",\"item\":\"https:\/\/consejotransitorio.org\/reserva\/\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"Preguntas Informativas\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/consejotransitorio.org\/#website\",\"url\":\"https:\/\/consejotransitorio.org\/\",\"name\":\"Fondo de Reserva de Pensiones\",\"description\":\"Fortalecer y garantizar las pensiones de la comunidad de retirados y empleados del Gobierno de Puerto Rico.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/consejotransitorio.org\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Preguntas Informativas - Fondo de Reserva de Pensiones","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/consejotransitorio.org\/en\/reserva\/preguntas-informativas\/","og_locale":"en_US","og_type":"article","og_title":"Preguntas Informativas - Fondo de Reserva de Pensiones","og_description":"PREGUNTAS INFORMATIVAS Inicio RESERVA Preguntas Informativas \u00bfQu\u00e9 es la Reserva de Pensiones? 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