Thursday, May 24, 2018

First group under gov’t as single employer law transferred to Puerto Rico Treasury

By on August 10, 2017

SAN JUAN – By mid-August the Puerto Rico Treasury Department (TD) will begin to receive 50 to 100 employees from different government agencies to be retrained to help improve its capture rate.

These will be the first employees to be transferred under Act 8 of 2017, known as the Single Employer Act, which allows the relocation of employees between agencies.

The goal is for Treasury to have received at least 200 additional employees from different agencies by October. The projection is these workers increase revenue by $100 million annually, Treasury Secretary Raúl Maldonado told reporters after a meeting of the government administration’s fiscal team in the governor’s office, La Fortaleza.

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Although he didn’t know precisely which agencies the workers would be sent from, Maldonado emphasized that their preparation is primarily in finance and accounting. He added that the employees themselves voluntarily requested being transferred to Treasury and that they continue earning the same salary, until the completion of an evaluation required by Act 8.

The new employee’ training will be conducted by Treasury’s Technical Training Division and will focus on tax-return and sales & use tax (IVU by its Spanish acronym) seminars. Some will work at Treasury headquarters and others in municipalities, depending on the worker’s residence, Maldonado said.

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The Treasury secretary emphasized that employee transfers to the agency was “a requirement of the fiscal plan” and that the objective is to increase revenue, for which there is a new program.

“They will knock on doors, and I also have a program to call those with debt [businesses and individuals] over the phone. In that effort, the difference is the employee will present them the payment plan. It’s not ‘pay if you can,’ you’ll have a defined payment plan that avoids seizures; sign this and there are no aggressive collection efforts,” the official explained.

Maldonado plans to have 300 additional workers at his department through the Single Employer Act.

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