The administration of Gov. Ralph DLG Torres on Monday paid $1 million to the NMI Settlement Fund as part of amounts owed for the third quarter of this fiscal year.<\/p>\n
Its last made payment on April 21 for the third quarter, also amounted to $1 million.<\/p>\n
The payments bring the balance remaining payable in the third quarter 2016 to $4 million, out of the $6 million total.<\/p>\n
The administration paid out $10.5 million for the second quarter of this fiscal year, paying this out in various disbursements from January to March.<\/p>\n
The administration paid out $4.5 million in the first quarter of the fiscal year through several disbursements to the Fund.<\/p>\n
Last month, the administration said in a statement, that they continue to ensure payments are made on time and value their positive partnership with the Fund and its trustee Joyce Tang.<\/p>\n
They also said there was room for the Settlement Fund, the Legislature, and the administration to openly discuss measures to ensure the continued propitious payments to retirees and survivor beneficiaries. <\/p>\n","protected":false},"excerpt":{"rendered":"
The administration of Gov. Ralph DLG Torres on Monday paid $1 million to the NMI…<\/p>\n","protected":false},"author":47,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[900],"tags":[11112,733],"class_list":["post-226974","post","type-post","status-publish","format-standard","hentry","category-featured","tag-joyce-tang","tag-settlement-fund"],"_links":{"self":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/226974","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/users\/47"}],"replies":[{"embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/comments?post=226974"}],"version-history":[{"count":0,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/posts\/226974\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/media?parent=226974"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/categories?post=226974"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.saipantribune.com\/index.php\/wp-json\/wp\/v2\/tags?post=226974"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}