P.R. Laws tit. 4, § 236e
(a) Annuity for years of service. —Employees who enrolled for the first time in the System after July 1, 2014 and are Hybrid Program participants may retire after the date on which they reach the age of sixty-five (65), have completed at least twelve (12) years of service as a judge, and have not requested or received a refund of accumulated contributions. The amount of the annuity to be received by Hybrid Program participants upon retirement shall be one point five percent (1.5%) of his/her average compensation multiplied by the number of years of credited services as a judge of the General Court of Justice.
(b) Early retirement annuity.— Employees who enrolled in the System for the first time after July 1, 2014, and separate from service after the date on which they reach the age of fifty-five (55) but before they reach the age of sixty-five (65), and have completed at least twelve (12) years of service as a judge shall be entitled to receive the annuity for years of service provided in subsection (a) of this section with an actuarial reduction which shall be computed based on the Actuarial Guidelines adopted by the Board of Trustees.
(c) Deferred retirement annuity.— Employees who enrolled in the System for the first time after July 1, 2014, and separate from service before reaching the age of sixty-five (65), and have completed at least twelve (12) years of service as a judge, and have not requested or received a refund of accumulated contributions shall be entitled to a deferred retirement annuity upon reaching the age of sixty-five (65). Such annuity shall be computed in accordance with the formula established in subsection (a) of this section.
History —Oct. 19, 1954, No. 12, p. 152, added as § 4–D on Dec. 24, 2013, No. 162, § 5.