All Roll Calls
Yes: 0 • No: 0
GuamBill No. 263-38 (LS)38th Guam Legislature (2025-2026)legislatureWALLET
AN ACT TO AMEND SECTIONS 8137(b)(1), 8143, 8146, 8154, AND 8157, ARTICLE 1, CHAPTER 8, TITLE 4 OF THE GUAM CODE ANNOTATED RELATIVE TO THE DEFINED BENEFIT PLAN.
Sponsored By: Telo T. Taitague (Republican)
Signed by Governor
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 1 benefits, 0 costs, 0 mixed.
New funding rules for Guam pensions
Guam must fund its public pension plan’s unpaid past-service costs measured September 30, 2024, plus changes measured each September 30. Government payments use a rate of at least 0% of all plan members’ total salaries. Each repayment period is capped at 15 years from the September 30 when that amount is measured. The Retirement Fund Board may consider long-term sustainability factors only when it finds they could affect long-term earnings after accounting for risk. These rules do not change individual pension amounts or guarantee higher investment returns.
Sponsors & Cosponsors
Sponsor
Telo T. Taitague
Republican • legislature
Cosponsors
Joe S. San Agustin
Democrat • legislature
V. Anthony Ada
Republican • legislature
Roll Call Votes
legislature vote • 3/27/2026
Floor Vote
Yes: 0 • No: 0
Actions Timeline
Public Law 38-120 — signed
4/8/2026GovernorCommittee report filed
3/3/2026legislaturePublic hearing held
2/25/2026legislatureFiscal note filed
2/16/2026legislatureFiscal note requested
2/5/2026legislatureReferred to committee
2/5/2026legislatureIntroduced as Bill No. 263-38 (LS)
1/27/2026legislatureTransmitted to Governor
legislature
Bill Text
Introduced
1/27/2026
Committee Report
Enrolled (Public Law)
Transmittal
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