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Bill cuts, removes certain Fund benefits

Rep. Joseph Palacios (R-Saipan) will formally introduce today a bill that would eliminate the cash-strapped NMI Retirement Fund’s enhanced benefit accrual formula and special cost of living allowance for judges and elected officials, limit surviving spouses’ benefits,...
Posted On Jul 06 2012 07:27
, By Haidee V. Eugenio

CHC pharmacy closed on weekends

The Commonwealth Health Center’s pharmacy, one of the key areas of the public hospital, was ordered closed during weekends due to the lack of staff. Commonwealth Healthcare Corp. CEO Juan N. Babauta confirmed with Saipan Tribune yesterday that CHC pharmacy will be closed...
Posted On Jul 06 2012 07:23
, By Moneth G. Deposa

NMI may have dodged a bond rating downgrade

The CNMI’s B2 bond rating for its Series 2003A General Obligation Bonds may have just dodged a downgrade, as the Fitial administration said it provided the CNMI government’s 2010 single audit report, which was the only information that Moody’s Investors Service...
Posted On Jul 06 2012 07:22
, By Haidee V. Eugenio

Fitial’s revised budget doubtful to some

Some lawmakers, businesses, and Delegate Gregorio Kilili Sablan (Ind-MP) himself have expressed doubts about Gov. Benigno R. Fitial’s fiscal year 2013 budget revision from $102 million to $114.32 million on Monday. Finance Secretary Larrisa Larson assured the House Ways and...
Posted On Jul 06 2012 07:13
, By Haidee V. Eugenio
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Month

//July 2012

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