Information contained in this publication is intended for informational purposes only and does not constitute legal advice or opinion, nor is it a substitute for the professional judgment of an attorney.
On October 16, 2014, Puerto Rico Governor Alejandro García Padilla signed Law No. 174, a new incentive plan for employers to become current and eliminate any arrears of any outstanding debt owed to the Puerto Rico State Insurance Fund Corporation (“SIFC”) that oversees workers’ compensation funds. Law No. 174 grants a 20% discount of the SIFC debt as long as the employer pays the debt within 180 days from the date of the publication of the guidelines. Continue reading this entry at Littler's Puerto Rico Workplace Counsel.