Oversight Board Approves New Salary Adjustment Plans for the Cardiovascular Center
The Cardiovascular Center for Puerto Rico and the Caribbean is the latest government entity whose new Classification and Remuneration Plans (CRPs) were approved by the Oversight Board.
The Oversight Board approved the new salary scales for 81% of its total workforce, which represents an investment of $2.3 million in salaries. The adjustments were retroactive to July 1, 2024.
The goal of reviewing proposed Classification and Remuneration Plans is to align salaries for employees in the central government and public corporations with those of the local labor market, as outlined by the Civil Service Reform. It also aims to strengthen recruitment and retain government workers so they can better serve the people of Puerto Rico. In the past, salary scales varied from agency to agency as there was no government-wide policy on salaries. Today, salaries are fairer, as they are consistent and uniform, and based on data from the local labor market.
Oversight Board Approves $28.7 Million for Municipalities Affected by Recent Flooding
Twenty-eight municipalities whose infrastructure sustained damages from flooding in April and May will receive a total $28.7 million for repairs to infrastructure, roads, utilities, and essential public services.
The Oversight Board approved the funds from the central government’s Emergency Reserve. The fund is under the custody of the Office of Management and Budget (OMB). The Oversight Board said the OMB should ensure that the disbursement of the funds is carried out “with appropriate monitoring, budget controls, and oversight of the use of the funds.”
Among the 28 municipalities that will receive the funds are: Adjuntas ($4.4 million), Cabo Rojo ($1.8 million), Corozal ($2.2 million), and Morovis ($3.4 million).
Oversight Board Approves $15 Million for “Ama de Llaves” Program for Seniors
The Oversight Board recently approved the distribution of $15 million for the “Ama de Llaves” (Home Helpers) program to help disadvantaged seniors with basic services such as meal preparation, light cleaning, daily assistance and companionship.
Sixty-four municipalities qualified for these funds, based on social well-being criteria that takes into consideration population, income variables, and municipal fiscal capacity. The Oversight Board worked with OMB, Federation of Mayors, and Association of Mayors on the eligibility requirements.
View the full list of eligible municipalities and how much they will receive here.
Oversight Board with Four Members
In accordance with the decision by the U.S. District Court for the District of Puerto Rico, the Oversight Board now has four voting members: Andrew G. Biggs, Arthur J. Gonzalez, John E. Nixon, and Betty A. Rosa. Governor Jenniffer González Colón is ex officio member. (Under PROMESA, the Puerto Rico Governor or the Governor’s designee is ex officio member of the Oversight Board without voting rights.)
On August 1, 2025, President Donald J. Trump sent termination notices to board members Arthur J. Gonzalez, Cameron McKenzie, Betty A. Rosa, Juan A. Sabater, and Luis A. Ubiñas. On August 13, the President sent a termination notice to Andrew G. Biggs. Gonzalez, Rosa and Biggs sued, claiming the terminations were unlawful.
Granting a preliminary injunction, the U.S. District Court ruled on October 3, 2025, that Biggs, Gonzalez and Rosa “were never properly removed from office.” That lawsuit remains pending.
Oversight Board Issues Comprehensive Report about PREPA’s Pension System
Payments to PREPA’s retired employees are an important obligation that PREPA has neglected for too long.
The financial stability of the PREPA pension system has been declining for decades because of increasing benefit payments to a growing number of PREPA retirees and their beneficiaries. PREPA did not make the contributions necessary to keep the system solvent, and unrealistic asset return assumptions added to the problem.
This report, for the first time, provides not only a comprehensive analysis of the current state of the PREPA-ERS, but also a history of how PREPA failed to manage it responsibly.
Read the report about how the PREPA pension system was created, and how it ran out of money here.
Stakeholder engagement:
September 24-26, 2025
Oversight Board Member John Nixon visited Puerto Rico for a series of meetings with government officials and business leaders. He met with Governor Jenniffer González Colón about the Oversight Board’s ongoing work and discussed budget reforms with the heads of the Office of Management and Budget and the Treasury Department. He also met with the Manufacturers Association and the United Retailers Association to discuss Puerto Rico’s economy from the perspective of the business community, and the Oversight Board’s priorities.
August 15, 2025
The Oversight Board’s Intergovernmental Affairs team led by Filex Rosado held a Continuing Legislative Education Workshop for the Popular Democratic Party Minority leadership of the Puerto Rico House of Representatives. Among the topics discussed in the workshop were the origins of PROMESA and Puerto Rico’s fiscal crisis, and the Oversight Board’s authority in certifying fiscal plans and budgets. The discussion stressed that while PROMESA sets fiscal limits, the Legislature maintains its policy-making authority.
August 8, 2025
Oversight Board Executive Director Robert F. Mujica, Jr. visited the University of Puerto Rico’s, Río Piedras Campus to see firsthand the progress to improve student housing at the Torre del Norte project. The Puerto Rico Government’s fiscal year 2025 certified budget allocates $18.8 million for Torre del Norte, an important investment to provide safe, modern, and affordable housing for students.
August 7, 2025
Oversight Board Deputy Executive Director Arnaldo Cruz gave a presentation at the CPA Association’s Health Industry Forum, where he outlined the path forward for improving healthcare services in Puerto Rico. The Oversight Board is working with the central government to address the shortage of medical specialists and implement reforms to improve healthcare access, as outlined in a healthcare workforce report commissioned by the Oversight Board.
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