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Larry Sanitoa
Pago Pago, AMERICAN SAMOA — Recently elected faipule for Tualauta District, Larry Sanitoa has expressed his concerns with the proposed ASEDA Bonds- 2018, through a December 3, 2018 letter to Senate President Gaoteote Palaie Tofau.
According to Sanitoa, his letter is on behalf of the many residents...
Pago Pago, AMERICAN SAMOA — Provisions of the federal Employee Retirement Income Security Act, commonly known as ERISA, “shall not apply” to the ASG Employment Retirement Fund because it’s a government pension plan.
This is according to a senior ASG official, who provided the unsolicited input,...
Dear Editor,
The proposed legislation by the administration to increase the Retirement Fund's local investment cap from 17.5% to 35% is extremely dangerous and will definitely lead to bankrupting the funds.
There are numerous misleading statements and misinformation about the proposed...