Settlement Fund trustee Joyce C. H. Tang and other parties filed Tuesday in federal court a joint report, stating that Betty Johnson’s class action should be closed now as all issues have already been resolved.
The report was submitted by Tang, deputy attorney general Lillian A. Tenorio, and Commonwealth Ports Authority counsel Robert T. Torres.
Torres said CPA agrees that all issues in the case and in CPA’s motion for writ of mandamus have been resolved.
Torres, however, stated that CPA does not join in any other part of the status report and does not agree with or otherwise adopt the statements of the trustee or the other parties.
Tenorio and Tang stated that, in light of the district court’s approval of Johnson’s class action settlement agreement, all issues in the case are resolved and there are no remaining unresolved issues.
The report follows an order from the U.S. District Court for the NMI on whether the case can now be closed.
In 2013, U.S. District Court for the NMI designated Judge Frances Tydingco-Gatewood gave final approval to the global settlement agreement in Johnson’s class action against the CNMI government and the NMI Retirement Fund.
Under the deal, the CNMI government agrees to make annual payments that will enable the settlement to fund at least 75 percent of class members’ benefits.
With the final approval, all Retirement Fund assets were transferred to the Settlement Fund, as administered by Tang as a court-appointed trustee.