June 14, 2021

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State Insurance Fund disburses $ 25 million for Retirement and over $ 700 thousand for electricity payment

photo: Cybernews

SAN JUAN – The Administrator of the State Insurance Fund Corporation (CFSE), Juan Carlos Benítez Chacón, announced this Thursday that the government entity he directs made a millionaire payment to eliminate the current debt with the Electric Power Authority (PREPA) and the Administration of Retirement Systems.

Benítez Chacón said that the payment made to PREPA last Friday amounted to $ 792,754.

“After receiving information from the Corporation’s finance office on the debt that the CFSE held with PREPA, I immediately requested that the corresponding payment be made to bring us up to date,” said the Administrator of the CFSE in a written statement.

Benítez Chacón also added that “at the moment the Corporation has no current debt with the Electric Power Authority.” He explained that they are “in a review process for a billing that was made to us that corresponds to the period that we were without electricity service after the passage of Hurricane María, which represents a debt of over a million dollars as reported in the press. last week”.

In the same way, the head of the CFSE reported that the Corporation also made a payment of 25 million dollars to the Administration of Retirement Systems, for the payment of its pensioners. “Ordinarily, the CFSE issues payments as the invoices arrive from Retirement, taking into account that these invoices do not always arrive on time, we want our pensioners to have the peace of mind that we are awaiting their retirement.”

“Our commitment has always been to keep all our accounts up to date, and issue the corresponding payments so that we can continue to provide the excellent service that our Corporation offers daily to the injured and employers who visit us,” concluded Benitez Chacón.

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