The secretary of the Department of Labor and Human Resources, Carlos J. Rivera Santiago, reminded all private employers that the deadline to submit the request for exemption from the payment of the bond corresponding to the year 2020 is November 30.
“Any private employer who intends to partially pay or not pay this compensation for any of the reasons covered in Act No. 148 of June 30, 1969, as amended, known as the” Bond Law in the Private Company “, has the obligation to notify the Department of Labor and Human Resources on or before the date indicated by law, ”explained Rivera Santiago.
The Head of the Agency added that Monday, November 30, 2020, is the last day for employers to submit by postal mail to the Department of Labor and Human Resources (DTRH) all the documents necessary for the exemption from payment of the bond .
We recommend you:
“Employers interested in requesting the exemption of the bond for the year 2020 should make sure to send the required documents by mail in original on or before Monday, November 30, 2020. They must include the application delivery sheet that is available on our website, the state of affairs; of gains and losses, signed and stamped in original by an Authorized Public Accountant with the corresponding stamp, and other listed documents ”, he detailed.
At the same time, Rivera Santiago warns private employers that “if the relevant original documents are not received by post at the DTRH within the term and in the indicated form, or if the date on the postmark is after November 30 2020, your application will be denied. For the safety of our employees during the pandemic, the documents will not be received in person ”.
The Chief of DTRH recommended that employers use the certified mail service so that they have evidence that the documentation was received at the agency. Details of the documents to be submitted, the mailing address of the agency and additional information about the application are available on the DTRH website.
Act No. 148 of June 30, 1969, as amended, known as the “Bond Law in the Private Company”, establishes the responsibilities of the employer when complying with the payment of its employees entitled to this additional compensation. The payment of the bonus required by law is normally made between November 15 and December 15 of the current year. Every employer is obliged to comply with said payment, except for the exceptions provided by law.