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Fund receivership hinges on pending bankruptcy bill

The NMI Retirement Fund’s unfunded liability has grown to $574.5 million, bringing the agency’s funded level to less than 40 percent, which is way below the 70 percent threshold that allows any private pension fund to file for bankruptcy.
Posted On Mar 23 2009 21:03
, By

Furlough, non-renewal letters being prepared

As the government prepares to lay off employees, department heads are having a difficult time identifying people they are legally able to furlough, according to Esther Fleming, special assistant for administration.
Posted On Mar 23 2009 21:00
, By

It’s official: McPhetres is out

After weeks of “is she” or “isn’t she,” Agnes McPhetres is no longer a member of the Northern Marianas College Board of Regents, now that Gov. Benigno Fitial accepted her resignation letter yesterday.
Posted On Mar 23 2009 20:59
, By

D-9ers’ Bansil, Falcons’ Sablan tied in batting

Robert Bansil of the D-9ers and B.J. Sablan of the Falcons are currently leading all players in batting percentage in the 2009 Budweiser Saipan Major League.
Posted On Mar 23 2009 20:55
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Month

//March 2009

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