Government of Guam

Type: Organization
Name: Government of Guam
First reported 6 hours ago - Updated 1 hour ago - 2 reports

Adelup releases COLA funds

GOV. Eddie Calvo has ordered the release of funds for the payment of the annual cost of living allowance (COLA) to government of Guam retirees, according to a statement released by the governor’s office last night.The funds were released to the Government ... [Published Marianas Variety - Guam - 1 hour ago]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

GEC: In-office voting ongoing

(GEC) – In-office absentee voting will continue until Friday, Oct. 31, from 8 a.m. to 5 p.m., at the Guam Election Commission Conference Room on the 2nd floor of the GCIC building in Hagåtña. It will continue Monday through Friday from 8 a.m. to 5 p. ... [Published Marianas Variety - Guam - Oct 19 2014]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

Port Week starts today

THE Port Authority of Guam will celebrate 39 years as a government of Guam agency this week with a proclamation signing as well as a parade of trucks and presentation of retirees who have worked at the port.The kickoff celebration will begin at 11:15 ... [Published Marianas Variety - Guam - Oct 19 2014]
First reported Oct 19 2014 - Updated Oct 19 2014 - 1 reports

Input sought on new wastewater treatment plant project

THE Guam Waterworks Authority is asking community stakeholders to provide their input on the agency's plan to build a $60 million wastewater treatment facility in the south.The proposed facility is to meet the current and future wastewater loading requirements ... [Published Marianas Variety - Guam - Oct 19 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

GovGuam sued for private land compensation

ATTORNEY Curtis Van de Veld filed a petition for writ of mandate with the Superior Court of Guam last Thursday, asking that the government of Guam be compelled to fulfill a 20-year-old law requiring reimbursement of property owners for public use of portions ... [Published Marianas Variety - Guam - Oct 18 2014]
First reported Oct 18 2014 - Updated Oct 18 2014 - 1 reports

Retirement bill undergoes further scrutiny

SENATORS yesterday raised concerns over the proposal to double the contributions from employees migrating from the Defined Contribution (DC) plan to the new hybrid plan under Bill 394.The special session was convened this week primarily to tackle Bill ... [Published Marianas Variety - Guam - Oct 18 2014]
First reported Oct 17 2014 - Updated Oct 17 2014 - 1 reports

Retirement Fund chair backs hybrid plan

The Government of Guam Retirement Fund board chairman said the fate of GovGuam retirees is in senators' hands.Retirement Fund Board Chairman Joe T. San Agustin told senators yesterday during session that retirees need some kind of annuity so they can ... [Published Guam Pacific Daily News - Oct 17 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

DRT meets tax refund deadline

THE Department of Revenue and Taxation’s court-ordered deadline to pay income tax refunds within six months was yesterday and the department is “well ahead” of meeting that deadline, said DRT Director John Camacho.A court order issued in January 2013 ... [Published Marianas Variety - Guam - Oct 15 2014]
First reported Oct 15 2014 - Updated Oct 15 2014 - 1 reports

Senators will meet today to discuss retirement plan

WHAT IS THE HYBRID PLAN?• A combination of a Defined Benefit plan and 457 plan. The DB portion provides a monthly benefit at retirement while the 457 plan accumulates contributions into an account balance which can be paid at retirement• The DB benefit ... [Published Guam Pacific Daily News - Oct 15 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

Special session for retirement reform legislation sought

ACTING retirement chair Vice Speaker Benjamin Cruz has requested the convening of a special session on Bill 394, also known as the hybrid retirement plan bill.“Thousands of GovGuam employees have been waiting for this very opportunity for a more secure ... [Published Marianas Variety - Guam - Oct 14 2014]
First reported Oct 14 2014 - Updated Oct 14 2014 - 1 reports

‘Cargo continues to move through port’

TYPHOON Vongfong stopped vessels from entering the Guam commercial port, and with only two of four gantry cranes working intermittently after the all-clear signal was given, the work to offload units from vessels was slowed but completed, said Joanne ... [Published Marianas Variety - Guam - Oct 14 2014]
First reported Sep 22 2014 - Updated Sep 22 2014 - 2 reports

Potential hybrid retirement plan for GovGuam to be discussed

Members of the community along with senators will discuss the potential adoption of a hybrid retirement system for the government of Guam, as outlined in a recently introduced bill, during a publicA link to this page will be included in your message. ... [Published Guam Pacific Daily News - Sep 22 2014]

Quotes

"The DB portion provides monthly benefit of a retirement and the 457 accumulates contributions into an account balance that can be paid at retirement,” he said."
"We need to make more time. We need to get it right the first time" he said
The board states, "The hybrid plan will be funded by a designated funding source." This might lead one to believe that those retiring under the hybrid plan after its enactment will not be drawing on monies in the retirement fund contributed...
"The GEDA officials also pointed out, there are some things we need to address and please rest assured, we are working to find the funding. I'm confident we'll be successful in finding a way to move this very important project forward" he said

More Content

All (72) | News (71) | Reports (0) | Blogs (1) | Audio/Video (0) | Fact Sheets (0) | Press Releases (0)
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Kia’aina: Guam shortchanged in Compact-impact deal [Published Marianas Variety - Guam - 1 hour ago]
Adelup releases COLA funds [Published Marianas Variety - Guam - 1 hour ago]
GovGuam retirees receive $2K in form of COLA check [Published Guam Pacific Daily News - 6 hours ago]
Input sought on new wastewater treatment plant ... [Published Marianas Variety - Guam - Oct 19 2014]
Port Week starts today [Published Marianas Variety - Guam - Oct 19 2014]
GEC: In-office voting ongoing [Published Marianas Variety - Guam - Oct 19 2014]
GovGuam sued for private land compensation [Published Marianas Variety - Guam - Oct 18 2014]
Retirement bill undergoes further scrutiny [Published Marianas Variety - Guam - Oct 18 2014]
Retirement Fund chair backs hybrid plan [Published Guam Pacific Daily News - Oct 17 2014]
Hybrid retirement slammed [Published Marianas Variety - Guam - Oct 16 2014]
DRT meets tax refund deadline [Published Marianas Variety - Guam - Oct 15 2014]
Senators will meet today to discuss retirement ... [Published Guam Pacific Daily News - Oct 15 2014]
‘Cargo continues to move through port’ [Published Marianas Variety - Guam - Oct 14 2014]
Calvo signs bills for GMH labor ward and chiefs... [Published Marianas Variety - Guam - Oct 14 2014]
Special session for retirement reform legislati... [Published Marianas Variety - Guam - Oct 14 2014]
Defined Benefit plan members betrayed [Published Marianas Variety - Guam - Oct 13 2014]
Public issues tackled at forum [Published Marianas Variety - Guam - Oct 12 2014]
GDOE awarded top honors at MagPro [Published Marianas Variety - Guam - Oct 12 2014]
GBB approves order on Route 4 safety measures [Published Marianas Variety - Guam - Oct 12 2014]
GBB opposes closure of Dededo transfer station [Published Marianas Variety - Guam - Oct 10 2014]
Implement the Hybrid Plan while pursuing Social... [Published Marianas Variety - Guam - Oct 10 2014]
Democrats: Adelup hindering road safety [Published Marianas Variety - Guam - Oct 10 2014]
CLOSURE ANNOUNCEMENTS [Published Saipan Tribune - Oct 06 2014]
Guam braces for Vongfong [Published Marianas Variety - Guam - Oct 05 2014]
Administration balks at legislature on shelving... [Published Marianas Variety - Guam - Oct 05 2014]
Government map website a 'frustrating' experience [Published Marianas Variety - Guam - Oct 05 2014]
TYPHOON NEWS: Use this time to prepare; Guam in... [Published Noodls - Oct 05 2014]
Legislature passes bill to fund GMH labor ward ... [Published Guam Pacific Daily News - Oct 04 2014]
Man takes plea, admits to bribery [Published Guam Pacific Daily News - Oct 03 2014]
GMH maternity ward renovation bill passed [Published Marianas Variety - Guam - Oct 03 2014]
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Bolivar Assumes Command of Joint Region Marianas [Published militaryfeed.com - Aug 16 2014]
AGANA HEIGHTS, Guam (NNS) — Joint Region Marianas held a change of command ceremony at the Guam High School gymnasium aboard U.S. Naval Hospital Guam Aug. 15. Rear Adm. Bette Bolivar relieved Rear Adm. Tilghman Payne as commander, Joint Region Marianas; ...
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