Monday, 26 June 2017
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Pension Plan

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PR HARBOR PILOTS PENSION & WELFARE PLAN

 

Our Service

 

Motives

Over 90% of the goods imported to Puerto Rico arrive by sea.  The most active port is that of San Juan, where 75% of the Island’s trade is located.  The Port of San Juan has a very hazardous entrance which demands a Harbor Pilot service of excellence.  In addition, the other ports in Puerto Rico require the assistance of Harbor Pilots to offer the safety guarantees needed in these waters.

 

Objective

The Puerto Rico Harbor Pilots Pension and Welfare Plan was established to encourage, attract, and retain people to the position of Pilot by providing a program to protect them from the exigencies of old age, illness, and death.

 

To accomplished its mission, an Administration was established for the Pension Plan with certain powers and responsibility to ensure that the Plan will benefit its Participants and their Beneficiaries.

 

The Board of Trustees

The Board is empowered to appoint and remove the Trustee and the Administrator as it deems necessary for the proper administration ot eh Plan to assure that the Plan is being operated for the exclusive benefit of the Participants and their Beneficiaries in accordance with the terms of the Pension Plan Document, the Commonwealth of Puerto Rico Income Tax Act of 1954, and the Employee Retirement Income Security Act of 1974 (ERISA).

 

Administration

The Board shall appoint one or more Administrators.  The Administrator shall be charged with the duties of the general administration of the Plan, including, but not limited to, the following:

 

(a)   to advise the Board on questions relating to the eligibility of Pilots to participate or remain Participants hereunder;

(b)  to compute, certify, and submit to the Board with respect to the amount and the kind of benefits to which any Participant shall be entitled hereunder;

(c)   to maintain all necesssary records for the administration of the Plan;

(d)  upon advice and consent ot the Board, to make and publish such rules for regulation of the Plan as are consistent with the terms hereof;

(e)   to compute and certify to the Board, and to the Trustee from time to time the sums of money necessary or desirable to be contributed to the Trust Fund; in this connection, he shall seek and obtain the authority from the Board to recruit outside expertise as is necessary to determine these facts;

(f)   to advise the Board, and the Trustee regarding the short and long-term liquidity needs of the Plan in order that the Trustee can exercise any investment discretion in a manner designed to accomplish specific objectives;

(g)   to advise any Participant regarding his rights, benefits, or options available under the Plan;

to prepare and distribute to Pilots a procedure for notifying Participants and Beneficiaries of their rights to elect joint and survivor annuities and Pre-Rretirement Survivor Annuities as required by the Act and Regulations thereunder.

 
Retired Pilots    

San Juan Bay Pilots

Capt Rafael Cases

Capt. Rafael Cases (1977-1989)

San Juan Bay Pilots

Victor Cardona

Capt. Victor Cardona (1949-1989)
San Juan Bay Pilots

David Gonzalez

Capt. David González (1964-1987)
San Juan Bay Pilots

Antonio Estrada

Capt. Antonio Estrada (1977-1994)
San Juan Bay Pilots

Ervin Velez

Capt. Ervin Vélez (1977-1997)
San Juan Bay Pilots

Alex Fernandez

Capt. Alex Fernández (1968-1999)

San Juan Bay Pilots

William Sepulveda

Capt. William Sepúlveda (1979-1999)

San Juan Bay Pilots

Cesar Montes

Capt. César Montes (1978-1998)

San Juan Bay Pilots

Luis M Rivera

Capt. Luis M. Rivera (1984-2004)

San Juan Bay Pilots

Joseph Estrella

Capt. Joseph Estrella (1974-2007)

San Juan Bay Pilots

Enrique Umpierre

Capt. Enrique Umpierre (1969-1984)

San Juan Bay Pilots

Alvaro Santos

Capt. Alvaro Santos (1966-2000)

San Juan Bay Pilots

Manuel Dos Santos

Capt. Manuel  Dos Santos (1976-2000)

San Juan Bay Pilots

Capt. Oscar Camacho

Capt. Oscar Camacho (1981-2000)

San Juan Bay Pilots

Capt. Victor Bericochea

Capt. Victor Bericochea (1980-1999)

San Juan Bay Pilots

Capt. Jose L. Rivera

Capt. Jose L. Rivera (1974-2007)

San Juan Bay Pilots

Capt. Freddy Solis

Capt. Freddy Solis (1988-2008)

San Juan Bay Pilots

Capt. Juan Díaz

 Capt. Juan Diaz  (1992-2010)

     

Deceased Retired Pilots
 
San Juan Bay Pilots Julio Rivera Capt. Julio Rivera (1967-1988)
San Juan Bay Pilots Frank Reyes
Capt. Frank Reyes (1969-1991)

San Juan Bay Pilots

Capt. Jose A. Rodriguez Capt. Jose A. Rodriguez (1973-1997)

San Juan Bay Pilots

Franco Morales

Capt. Franco Morales (1988-1995)
 


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