Judge voids Puerto Rico pension law, delays effective date due to coronavirus
A U.S. judge ruled on
Wednesday that bankrupt Puerto Rico cannot fund more than $300
million in annual pension and health costs for its
municipalities, but suspended the effective date of the order
for three weeks due to the ongoing coronavirus health crisis.
Wednesday that bankrupt Puerto Rico cannot fund more than $300
million in annual pension and health costs for its
municipalities, but suspended the effective date of the order
for three weeks due to the ongoing coronavirus health crisis.
Posted by Reuters
