President Laura Chinchilla has ordered public companies to make additional economic contributions to the pension scheme of the Disability, Aging and Death (IVM) fund, administered by the national social security system. Entities such as ICE, Recope, INS and state banks must pay an annual percentage of their net income with the goal to strengthen the system and expand coverage among employed persons living in poverty. A decree issued by Chinchilla on Tuesday specifies a 5 percent annual payment that will increase to 15 percent by 2017.
Daily Archives: Feb 22, 2012
Indigenous to manage high school in Térraba
El Liceo Académico de Térraba, located in Buenos Aires, Puntarenas will be managed by people indigenous to the area. The Ministry of Public Education (MEP) agreed to transfer the principal, counselor and a janitor to another school because they are not aboriginal. Classes are expected to resume today for 163 students following the withdrawal of 60 protesters.
Bank robbery nets ¢90 million
Five heavily armed assailants made off with ¢90 million ($177,865) after disarming and beating a security guard at the Banco Popular in La Agonía de Alajuela.
Miss Costa Rica at semifinal stage
This weekend ten semifinalists will be selected to compete for the title of Miss Costa Rica. The selection will be published on the Teletica website and the results will be annouced during the first week of March.
Fiscal Police confiscated 5,000 cell phones in Limon
The Fiscal Control Police (PCP) on Monday seized a container with 5,000 cell phones and 740 parcels containing bundles of purchases made on online. The cargo, which arrived in Limon has been marked as lamps and sewing machines.
