Comisión de Hacienda, Asuntos Federales y Junta de Supervisión Fiscal

Senate of Puerto Rico — Comisión de Hacienda, Asuntos Federales y Junta de Control Fiscal · May 25, 2021

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Apertura y convocatoria

Presentation

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Presiding Senator opens the session at 9:20 a.m. in the Miguel Ángel García Méndez salón and announces the day will include discussion of Proyecto de la Cámara 120, 'Ley para un retiro digno.' He invites AFAF to present its ponencia.

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A hearing of the Senate Commission on Finance, Federal Affairs and Fiscal Control Board to consider House Bill 120 (“Ley para un retiro digno”). The executive director of the Financial Advisory and Fiscal Agency (AFAF) testified that the administration supports a policy of zero additional pension cuts but raised legal and fiscal concerns that the bill, as written, likely conflicts with PROMESA and could face litigation.

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Transcript

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