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ASG Employees Retirement Fund

Swains Island faipule Su’a Alex Jennings
Pago Pago, AMERICAN SAMOA — Swains Island faipule Su’a Alex Jennings called for a hearing in the House last week to ensure that a Resolution is submitted to the Department of Interior (DOI) in support of the constitutional amendments approved in this past November’s election that are now before the...
Gov. Lemanu Peleti Mauga
Pago Pago, AMERICAN SAMOA — Gov. Lemanu Peleti Mauga signed into law on Apr. 26, an Administration bill, which increases the contribution rate by both ASG and employees to the ASG Employees Retirement Fund. The new law hikes total contribution rate for both ASG and employee from the current 11% to...
Senate President Tuaolo Manaia Fruean
Pago Pago, AMERICAN SAMOA — The Senate approved on Wednesday legislation to amend the “investments of reserves exceeding current requirements” to allow the ASG Employees Retirement Fund (ASGERF) to invest locally without unnecessary restrictions. Senate President Tuaolo Manaia Fruean, who sponsored...
Sen. Togiola Tulafono
Pago Pago, AMERICAN SAMOA — The Senate Retirement Committee — following confirmation hearings for two nominees to the ASG Employees Retirement Fund board of trustees — continued their discussions regarding the government-owned pension plan, after the witnesses were dismissed, with Gov. Togiola T.A...
Gov. Lemanu Peleti Mauga
Pago Pago, AMERICAN SAMOA — Gov. Lemanu Peleti Mauga has returned to lawmakers a Fono approved bill — originating from the Senate — that hikes the contribution rate of employers and employees to the ASG Employees Retirement Fund — without his signature or approval of the measure, which was to help...
Senate President Tuaolo Manaia Fruean
Pago Pago, AMERICAN SAMOA — Gov. Lemanu Peleti Mauga signed into law last Friday, Oct. 14th, a Fono approved bill, which originated from the Senate that amends local laws to allow the local government to staff the ASG Employees Retirement Fund (ASGERF) board of directors with an additional member...
Sen. Utu Sila Poasa
Pago Pago, AMERICAN SAMOA — Another bill is before the Senate seeking to increase the contribution rate for both government and employees to the ASG Employees Retirement Fund (ASGERF) after a similar measure — approved by the Fono in the first regular session — was vetoed by the governor. The new...
Gov. Lemanu Peleti Palepoi Sialega Mauga
Pago Pago, AMERICAN SAMOA — Gov. Lemanu Peleti Palepoi Sialega Mauga has vetoed a Senate bill approved by the Fono during the First Session of 37th Legislature that increases the contribution rate for both government and employee to the ASG Employees Retirement Fund (ASGERF). The governor’s veto...
Sen. Soliai Tuipine Fuimaono, chairman of the Senate Retirement Committee
Pago Pago, AMERICAN SAMOA — Senators will not attend the bi-annual meeting of the ASG Employees Retirement Fund (ASGERF) in Honolulu as initially planned, due to among others, the COVID-19 pandemic and since senators are at the age most susceptible to the virus, said Sen. Soliai Tuipine Fuimaono,...
Sen. Magalei Logovi’i
Pago Pago, AMERICAN SAMOA — A Senate bill which seeks to increase the contribution rate to the ASG Employees Retirement Fund, will be heading soon to Gov. Lemanu Peleti Palepoi Sialega Mauga, for review and a decision, after senators agreed to a House amendment on the proposed law. Meanwhile the...

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