The provisions of this Article shall be liberally construed so as to provide an individual account retirement system for any person who is employed in the government of Guam. The purpose of the Article is to provide a defined contribution retirement program which is fully funded on a current basis from employer and member contributions.
COL 2026-10-26
SOURCE: Added by P.L. 23-042:3 (Sept. 29, 1995). Amended by P.L. 24-200:4 (May 8, 1998), P.L. 26-162:7 (Dec. 31, 2002).