Title 7 — Government Employees
9 chapters · 80 sections in this title.
A.S.C.A. § 7.1501 Definitions
0.4K chars
As used in this chapter, unless the context clearly requires otherwise: (1) ‘Treasurer” means the Treasurer of American Samoa: (2) “Government” means the American Samoa Government: (3) “Employee” mean persons who are employed by the government in all occupational classifications;…
A.S.C.A. § 7.1502 Territorial deferred compensation plan
0.5K chars
The Government, through a Board of Trustees, may establish a compensation plan in accordance with section 457 of the United States Internal Revenue Code of 1954, as amended, for the benefit of employees to defer a portion of their compensation to a future period of time. Particip…
A.S.C.A. § 7.1503 Board of Trustees
0.7K chars
(a) The authority to establish the plan and make this chapter effective is vested in the Board of Trustees for the government deferred compensation plan. The Board shall be placed within the Office of Manpower Resources for administrative purposes. (b) The Board shall adopt such …
A.S.C.A. § 7.1504 Composition of the Board of Trustees
0.3K chars
The Board of Trustees shall consist of 7 members as follows: (1) the Director, who shall serve as its chairperson, ex officio; (2) the Treasurer, ex officio; (3) five other persons, 3 of whom shall be government employees and who are participants of the plan, representing employe…
A.S.C.A. § 7.1505 Appointment and terms
0.7K chars
(a) Except for the Director and Treasurer, the members of the Board shall be appointed by the Governor and shall serve terms of 4 years each; provided, that of the trustees first appointed upon establishment of the Board, one shall be appointed for one year, one shall be appointe…
A.S.C.A. § 7.1506 Compensation and expenses
0.2K chars
Each trustee shall serve without compensation but shall be reimbursed from the Fund for any necessary expense incurred in the performance of duties. History: 1986, PL 19-55 § 1.
A.S.C.A. § 7.1507 Legal advisor
0.1K chars
The Attorney General or his designee shall be the legal advisor of the Board. History: 1986, PL 19-55 § 1.
A.S.C.A. § 7.1508 Assest of the plan
0.4K chars
Assets of the plan, including funds deferred, investments, property and rights purchased with such funds, and any interest or income attributable to such funds, are restricted assets of the government employees who are participants of the plan. Such assets may not be used for any…
A.S.C.A. § 7.1509 Investments
1.0K chars
The Board may create a trust or other special funds for the segregation of funds or assets resulting from compensation deferred and for the administration of the plan. Funds held by the Board pursuant to a plan established under this chapter shall be invested in investment produc…
A.S.C.A. § 7.1510 Custodian of the funds
0.3K chars
The Treasurer shall be the custodian of the Funds created under the plan. All payments from the Fund shall be made by the Treasurer only upon vouchers signed by the Chairperson of the Board and countersigned by other members of the Board designated by the Board. History: 1986, PL…
A.S.C.A. § 7.1511 Limitation on liability
0.1K chars
The Government shall not be liable for the sums deferred or the results of any investment. History: 1986, PL 19-55 § 1.
A.S.C.A. § 7.1512 Deferred amounts as compensation
0.4K chars
Compensation deferred pursuant to a plan established under this chapter shall be deemed regular compensation for the purpose of computing contributions to or benefits under existing retirement, pension, or social security systems applicable to participating employees, but shall n…
A.S.C.A. § 7.1513 Costs of the plan
0.3K chars
Costs for implementing and administering the plan shall be borne by the plan and its participants, except for incidental expenses such as the cost of payroll deductions, and the routine processing of forms which shall be borne by the American Samoa Government. History: 1986, PL 1…