Puerto Rico’s governor has signed a new incentive plan into law allowing employers to pay any outstanding workers’ compensation debt, according to Littler Mendelson.
Gov. Alejandro Garcia Padilla signed Law No. 174 on Oct. 16. The law grants a 20% discount on any debt owed to the Puerto Rico State Insurance Fund Corporation as long as the employer pays the debt within 180 days from when the new guidelines are published. The SIFC oversees Puerto Rico's workers' compensation funds.
Law 174 also instructs the SIFC to adopt and publish regulations and guidance for im...
Comments