Puerto Rico seeks court's help to save public pension system

Business Law

Puerto Rico's governor says he'll ask a court to restructure the debts of the U.S. territory's public pension system, which is projected to run out of money this year.

Gov. Ricardo Rossello says the government has been unable to reach a deal with creditors to whom it owes some $3 billion.

Rossello said late Sunday that retired workers will still receive their pensions. He says the government will dip into its general fund once the pension system itself runs out of money. The pension system is underfunded by some $50 billion.

The previous administration already had trimmed benefits and a federal control board overseeing the island's finances is seeking more cuts. It says the system will switch to pay-as-you-go funding.

Related listings

  • Man arrested near UK Parliament in court on terror charges

    Man arrested near UK Parliament in court on terror charges

    Business Law 05/11/2017

    Prosecutors say a British man arrested with several knives near Parliament last month is also accused of being an al-Qaida bomb-maker in Afghanistan. Khalid Mohamed Omar Ali appeared in court Wednesday to face one charge of preparing terrorist acts a...

  • Newest justice joins high court amid competing caricatures

    Newest justice joins high court amid competing caricatures

    Business Law 04/08/2017

    Somewhere between the Republican caricature of the next justice of the Supreme Court as a folksy family guy and the Democrats' demonization of him as a cold-hearted automaton, stands Neil Gorsuch. Largely unknown six months ago, Gorsuch has seen his ...

  • Political fights over Supreme Court seats nothing new

    Political fights over Supreme Court seats nothing new

    Business Law 03/31/2017

    Wondering when Supreme Court nominations became so politically contentious? Only about 222 years ago — when the Senate voted down George Washington's choice for chief justice. "We are in an era of extreme partisan energy right now. In such a moment, ...

Is Now the Time to Really Call a Special Education Lawyer?

IDEA, FAPE, CHILD FIND and IEPs: The Individuals with Disabilities Education Act (IDEA) guarantees all children with disabilities to a free appropriate public education (FAPE). FAPE starts with a school’s responsibility to identify that a child has a disability (Child Find) and create an Individualized Education Program (IEP) to suit the needs of the child.

Forte Law Group is one of only a very few law firms within the state of Connecticut that is dedicated to exclusively representing families and children with special needs.

Parents need to be persistent, dedicated and above all else aware of the many services and accommodations that their child is entitled to under the law. As early as this point within your child’s special education, many parents will often find themselves in the situation asking, “is now the time to really call a special education lawyer?” Here are a few things to consider when asking yourself that question.

Business News

St Peters, MO Professional License Attorney Attorney John Lynch has been the go-to choice for many professionals facing administrative sanction. >> read