Puerto Rico Gov. Alejandro García Padilla is considering calling an extraordinary session of the Puerto Rico legislature to overhaul the commonwealth's teacher pension system.

When Moody's Investors Service put Puerto Rico bonds on review for a downgrade last week, the rating company named Puerto Rico's possible reform of the teachers' pension as one of five things it would keep an eye on in the review period.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.