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‘Senate initiative on Fund would stop all DPL programs’

By Haidee V. Eugenio Reporter Public Lands Secretary Oscar M. Babauta said a Senate initiative transferring management decisions and revenue proceeds from public land golf course leases to the NMI Retirement Fund would essentially put on hold all Department of Public Lands...
Posted On Jan 18 2012 07:29
, By admin

Obama requested to include US territories in new tax incentives

By Haidee V. Eugenio Reporter Congressional delegates of the five U.S. territories asked President Barack Obama to include the territories in a new tax incentives intended to encourage U.S. companies to create American jobs. Delegate Gregorio Kilili C. Sablan (Ind-MP) joined...
Posted On Jan 18 2012 07:29
, By admin

House rejects Senate amendments to bill on Fund contribution withdrawal

By Haidee V. Eugenio Reporter The House of Representatives rejected yesterday the Senate’s amendments to a House bill originally allowing non-retired members of the NMI Retirement Fund to withdraw their contributions from the pension agency without being required to resign...
Posted On Jan 18 2012 07:28
, By admin

Repeal of derivative suit law heads to Fitial

By Haidee V. Eugenio Reporter By a vote of 18-1 with one abstention, the House of Representatives passed yesterday a Senate bill repealing a four-month-old law allowing NMI Retirement Fund beneficiaries to sue on behalf of the pension agency if the board of trustees refuses to...
Posted On Jan 18 2012 07:27
, By admin
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//January 18, 2012

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