U. S. District Court for the NMI designated judge Frances M. Tydingco-Gatewood has approved the NMI Retirement Fund's trustee ad litem's request for $40,799.33 payment for work and costs incurred in January 2013.
In an order issued Thursday, Tydingco-Gatewood found the billing submitted by trustee ad litem Civille and Tang law firm to be reasonable.
The trustee ad litem requested compensation for professional services in the amount of $39,332.50, and reimbursement of expenses in the amount of $1,466.83, for a total invoice amount of $40,799.33.
The judge directed Fund acting director Lillian Pangelinan to immediately remit the amount to the trustee ad litem for its services.
“This payment will come from the NMIRF's Operations Budget, but the NMI government is ultimately responsible for reimbursing the NMIRF for these funds,” Tydingco-Gatewood said.
During the month of January 2013, the trustee ad litem and its team prepared and presented its report to the court and parties in retiree Betty Johnson's lawsuit.
Tydingco-Gatewood said this report addressed various questions and concerns the court had and provided the court, and the Fund's members and beneficiaries, with a comprehensive yet concise Fund status.
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