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Response

This is in response to uncle Francisco R. Agulto’s letter to the editor (“If it ain’t broken, break it,” Saipan Tribune, May 1, 2012) where he stated, “Many of us are overwhelmed by paradigm or mindset that oftentimes we are forced to see and think in a vacuum.” Yes I...
Posted On May 04 2012 02:19
, By admin

Allowing active employees to exit crucial to long-term solution for current retirees

There is a reason Buck Consultants advised the Fund three years ago to allow active employees out of the Fund. They did the math-there was possibly enough money to fund the current retirees long term. However, when active employees were put into the equation, there was no way the...
Posted On May 04 2012 02:18
, By admin

Ancient secrets revealed!

 By Ed Stephens Jr. Special to the Saipan Tribune Though the Northern Mariana Islands Retirement Fund litigation is a topic begging for attention, it’s already getting a lot of it. So I’m going to kick that can down the road for a bit. This clears the path for me to...
Posted On May 04 2012 02:18
, By admin

The NMI government made a Ponzi of the Fund-and not the other way around

 By William H. Stewart Special to the Saipan Tribune More than one person in the NMI has opined that the Retirement Fund was structured to be nothing more than a Ponzi scheme. I disagree. For those who are interested, the term “Ponzi” has its origin in a fraudulent operation that...
Posted On May 04 2012 02:18
, By admin
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Day

//May 4, 2012

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