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House approves cost-of-living increase for pensioners, sends Proyecto 2038 to Senate
Summary
The Puerto Rico House of Representatives approved Proyecto de la Cámara 2038, a measure to raise pensions for lower-income retirees funded from this year’s reported budget surplus; the vote was 45–0 with one abstention in the final tally. Proponents said the increase would directly help tens of thousands of low-income pensioners, though they acknowledged potential review by the Fiscal Oversight Board.
Representative Lourdes Ramos urged the House to pass Proyecto de la Cámara 2038, saying the measure would restore some purchasing power for older Puerto Ricans and is funded from this year’s reported fiscal surplus. "Ciento noventa y cuatro millones son indispensables para mejorar la calidad de vida de los jóvenes del ayer," Ramos said during floor debate, citing a first-year cost estimate of $194 million and a second-year cost of $55 million.
Ramos told colleagues the measure targets lower-income…
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