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Former Government of Guam Retirement Fund Director John Rios has temporarily been assigned to serve as acting director of the Bureau of Budget and Management Research. Governor's spokesman Troy Torres confirmed Rios' assignment yesterday. Torres said
Employment and unemployment trends continue to paint a bleak picture, the Congress of South African Trade Unions (Cosatu) said on Monday as it released its June 2011 Naledi report at its four-day central committee meeting at Gallagher Estate in
Postal Service is blocking a federally-mandated prepayment and vying to cut six-day delivery to five...Postal Service will ignore a federal requirement and stop making prepayments to its health care retirement fund in a bid to ward off insolvency. "
Joe Guthrie, retiree activist and former deputy attorney general, is challenging the local government's reduction of contributions to the Government of Guam Retirement Fund. The reduced contributions are a part of the Calvo administration's plans to
Both parties in the retirement benefits case against former Gov. Carl Gutierrez and former Government of Guam Retirement Fund Director John Rios are to present memos this month on whether the case will be dismissed with prejudice or without prejudice.
Flickr/Gage Skidmore The story the GOP presidential candidate won't tell you about his years in corporate America...AM PDT What GOP presidential contender Herman Cain lacks in political experience, he likes to say, he makes up for with decades' worth
The Guam government's credit rating remains "highly speculative," according to ratings agency Standard & Poor's, which yesterday issued a report, reaffirming the existing "B+" rating for Guam general obligation bonds. The island would need to improve
The government of Guam overspent by $83.6 million last fiscal year, increasing the General Fund deficit to $349 million, according to an assessment report released yesterday by the Office of Public Accountability. Most of that General Fund deficit --
A class-action lawsuit that demands Guam Memorial Hospital pay an estimated $7 million in allegedly unpaid retirement contributions has been filed in the Superior Court of Guam. The lawsuit, which was filed Friday, asks a judge to order the hospital
It's a common arrangement, negotiated years ago in lieu of raises. It's also a benefit both city officials and labor leaders expect will be targeted during budget talks as the city's deficit persists and public pressure mounts to rein in the costs of