17 chapters · 515 sections in this title.
4 GCA § 8404 Administration of the Welfare Benefit Plans
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The Board of Trustees created pursuant to Article 1 of Chapter 8 of this Title, and authorized under Article 2 of Chapter 8 of this Title, shall administer the welfare benefit plans for members of the Government of Guam Defined Contribution Retirement System. The board may sue an…
4 GCA § 8405 Powers and Duties of the Board of Trustees
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The Board has all powers necessary to effectuate the purposes of this Article. (a) The Board is authorized and empowered to take any and all required action, including, but not limited to, (1) making decisions concerning plan design and adoption of the plan, (2) entering into con…
4 GCA § 8406 Participation in the Welfare Benefit Plans
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Members of the Defined Contribution Retirement System are eligible to participate in the welfare benefit plans established hereunder.
4 GCA § 8407 Employer’s Contributions
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(a) Each participating employer shall make a contribution to the applicable welfare benefit account for the sole purpose of financing insurance premiums and administrative expenses related to the welfare benefit plans established under this Article, including pre-retirement disab…