american samoa government employees retirement fund
Pago Pago, AMERICAN SAMOA — Independent auditors cited “volatile market conditions” as the reason the American Samoa Government Employees Retirement Fund (ASGERF) recorded a loss of more than $37 million in fiscal year 2022 from FY 2021.
Prepared by the U.S-based firm of Moss Adams LLP, the audit...
Pago Pago, AMERICAN SAMOA — Senators wanting to travel to Las Vegas next month for the American Samoa Government Employees Retirement Fund (ASGERF) meeting have been informed to submit their names as soon as possible to the Senate Retirement Committee chairman, Sen. Soliai Tuipine Fuimaono, to be...
Pago Pago, AMERICAN SAMOA — Fuiavailili Keniseli Lafaele has received the green light to serve as a member of the Board of Trustees of the American Samoa Government Employees Retirement Fund.
Yesterday morning he was approved by the House of Representatives by unanimous vote, 14-0.
The Senate...
Pago Pago, AMERICAN SAMOA — In a unanimous 13-0 vote, senators approved last Friday in final reading a new Senate bill, increasing the contribution rate for both government and employees to the ASG Employees Retirement Fund (ASGERF).
Meanwhile, the Administration has submitted the names of three...
Pago Pago, AMERICAN SAMOA — Contract workers are not eligible to be members of the American Samoa Government Employees Retirement Fund. However, for long time career service employees who are appointed to cabinet positions or other political appointments, their memberships are not terminated.
This...
Dear Editor,
I commend Senator Togiola for his lone vote against the ASGERF funding bill. He’s right, the new administration should “have time to breathe” before being asked to approve something as consequential and as permanent as this bill. But more important than the Governor or Lt. G are the...