{"id":3198,"date":"2018-04-02T08:24:59","date_gmt":"2018-04-02T12:24:59","guid":{"rendered":"http:\/\/lifeinsurance-orleans.ca\/Life-Insurance-Blog\/?guid=53d94e5488bffab66698f64d885fb323"},"modified":"2018-04-02T08:24:59","modified_gmt":"2018-04-02T12:24:59","slug":"puerto-rico-gov-defies-board-rejects-reform-pension-cuts","status":"publish","type":"post","link":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/2018\/04\/02\/puerto-rico-gov-defies-board-rejects-reform-pension-cuts\/","title":{"rendered":"Puerto Rico gov defies board, rejects reform, pension cuts"},"content":{"rendered":"<p>SAN JUAN, Puerto Rico &#8212; Puerto Rico&#8217;s governor is defying the federal control board overseeing the island&#8217;s troubled finances.<\/p>\n<p>Ricardo Rossello says he will submit a fiscal plan to the board on Thursday that will not contain any layoffs, reductions in pensions or a labour reform.<\/p>\n<p>The announcement late Sunday defies the board&#8217;s demands that the U.S. territory implement a labour reform and a 10 per cent cut to a pension system facing nearly $50 billion in liabilities.<\/p>\n<p>A board spokesman did not immediately respond to a request for comment.<\/p>\n<p>Public Affairs Secretary Ramon Rosario told NotiUno radio station on Monday that the board cannot impose public policy in Puerto Rico and asked members to reach a consensus with the island&#8217;s government.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SAN JUAN, Puerto Rico &mdash; Puerto Rico&rsquo;s governor is defying the federal control board overseeing the island&rsquo;s troubled finances. Ricardo Rossello says he will submit a fiscal plan to the board on Thursday that will not contain any layoffs, reductions in pensions or a labour reform. The announcement late Sunday defies the board&rsquo;s demands that [&hellip;]<\/p>\n","protected":false},"author":578,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[],"tags":[],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3198"}],"collection":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/users\/578"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/comments?post=3198"}],"version-history":[{"count":1,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3198\/revisions"}],"predecessor-version":[{"id":3199,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/posts\/3198\/revisions\/3199"}],"wp:attachment":[{"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/media?parent=3198"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/categories?post=3198"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.lifeinsurance-orleans.ca\/index.php\/wp-json\/wp\/v2\/tags?post=3198"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}