Puerto Rico governor to offer teachers a pension plan similar to that of police

Gov. Pedro Pierluisi Urrutia said Monday that he would offer teachers a pension plan similar to the one he granted to the police.

“Tomorrow’s meeting [between central government representatives and teachers] is going to deal with that, but we already have the benefit that we did it with the police. The model to follow is the one we follow with the police, because the [Financial Oversight and Management] Board has already given way to that and what we have to do is identify the state funds that we have recurring to subsidize it,” the governor said in response to questions from the press. “At the same time, the amounts also [have to be determined] because the teachers are not all in the same position. The goal is to improve the pension as we did with the police officers.”

Pierluisi will hold a meeting with teachers’ unions today where he will present his plan to improve teachers’ salaries and explain the retirement mechanisms that the oversight board endorsed for the police.

“On my behalf, at the meeting [last Thursday] I held with the union leaders who represent the teachers, I promised to sign two bills that are before the Legislative Assembly or on the way to La Fortaleza,” the governor said. “One of them is that the minimum salary for teachers will be around $2,750 per month for teachers who have a bachelor’s degree. There is a higher salary for those with a master’s degree and an even higher salary for those with a doctorate.”

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