1 JAN 08 Mm. Dear Speaker Unpingco:

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1 1 JAN 08 Mm The Honorable Antonio R. Unpingco Speaker I Mina'Bente Singko na Liheslaturan Gu%han Twenty-Fifth Guam Legislature Guam Legislature Temporary Building 155 Hesler Street Hagha, Guam Dear Speaker Unpingco: Enclosed please find Bill :\lo. 373 (COR), "AN ACT TO AMEND P.L. NO , RELATIVE TO THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETIREMENT", which I have signed into law today as Public Law No 'Very truly yours, E- a r T C. Gutierrez 1 Maga'Lahen Gu%han Governor of Guam... --:. I,-:,'I \,., I Attachment: copy attached fos signed bill or overridden bill original attached for vetoed bill cc: The Honorable Joanne M. S. Brown Legislative Secretary

2 MINA'BENTE SlNGKO NA LIHESLATURAN GUAHAN 20(10 (SECOND) Regular Session CERTIFICATION OF PASSAGE OF AN ACT TO 1 MAGA'LAHEN GUAHAN PEP AN NIO R. UNPINGCO Speaker This is to certify that Fill No. 373 (COR) "AN ACT TO AMEiVD P.L. NO , RELATIVE TO THE CALCULATION OF AN EMP1.OYEE.S SALARY FOR EARLY RETLREMENT," was on the 3." day of January 2000, duly and regularly passed. Attesjd ~ - ~ ~ - -., Senator and Legislative Secretary ' This Act 7 was receirwl by imncyn'lulla~ Giinilnr~ this dry at "?'p orclock 2-.~. ~ ~~~~~~~~~~~..----~. of Lia'~dr~, 2000, AI'PROVED: c,, AspfsFnt Staff Officer A46gil'laki's Office - -- CARL T. C. GUTIERREZ Public Law No. 2 r- $5

3 MINA'BENTE: SINGKO NA LIHESLATURAN GUAHAN 2000 (SECOND) Regular Session Bill No. 373 (COR) As amended by the Author. Introduced by: Mark Forbes F. B. Aguon, Jr. u. Bermudes A. C. Blaz J. M.S. Brown E. B. Calvo M. G. Camacho L. F. Kasperbauer A. C. Lamorena, V C. A. Leon Guerrero K. S. Moylan V. C. Pangelinan J. C. Salas S. A. Sanchez, I1 A. R. Unpingco AN ACT TC) AMEND P.L. NO , RELATIVE TO THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETIREMENT. 1 BE IT ENACTED BY THE PEOPLE OF GUAM: 2 Section 1. Sectior~ 8 of Public Law Number is hereby amended to 3 read as follows: 4 "Section 8. Amendment to Early Retirement Incentive 5 Program. (a) Method of Computing Payments Due From Retirees

4 Opting to Retire Early. Contributions required from emplovees of the government of Guam who are retiring from government service under the earlv retirement provisions of Public Law Numbers 25-72, and 25-90, and who are as a consecluencc purchasing additional years of service credit pursuant to those laws, shall be computed on the basis of the salary the employee is earning at the time the employee applies for the credit. Notwithstanding any other provision of law, such salary shall riot include any annual leave lump sum payment paid to the emplovee. Such contributions shall not be computed on the basis of the average of the employee's top three (3) salary years during their service career, or any other alternative basis. (b) Annuitant to Receive Immediate Full Credit For All Service Purchased. Any individual who retires and purchases additional wars of service credit subject to the provisions of Public Law Numbers 25-72, and is entitled to the full application of such additional years of service immediately upon their retirement, regardless of when a promissory note is finalized between the Retirement Fund and the retjree. Should the Retirement Fund be unable to consummate a promissory note simultaneous to the separation of the employee from government service or their retirement from the government of Guam, the Retirement Fund shall r~.troactizlel~/ apply the annuity based on the additional years of service.

5 (c) Retirement Date for Teachers Shall be on Their Date of Separation from Government Service. Notwithstanding the policies or procedures of the Govcr~~ment of Guam Retirement Fund, the date at which a teacher st,parates from government service under the Early Retirement provisions of Public Law Numbers 25-72,25-74 and shall also be considered their date of retirement and all annuities due to the retiring teacher shall be due to that tcacher as of that date."

6 1 MINA' BENTE SINGKO NA LIHESLATURAN GUAHAN TWENTY-FIFTH GUAM LEGISLATURE 15 5 Hesler Street, Hagitiia, Guam I I I 2000 (SECOND) Regular Session I, Antonio R. Unpingco, Speaker of I Mina'Bente Singko Nu Liheslaturan Guahan, hereby certify, in conformance with Title 2 Guam Code Annotated $2103, Public Hearings Mandatory, as amended, that an emergency condition exists involving danger to the public health, safety and welfare of the people and therefore waive the statutory requirements for a public hearing on Bill Number 373 (COR), "AN ACT TO AMEND PUBLIC LAW RELATIVE TO THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETWNT," which was introduced on this date, January 3, 2000, and therefore waive the statutory requirements for a public hearing on Bill Dated: January 3,2000 u Speaker Executive Director Fax C h ~ Fiscal f Officer d Pcrsom>ci r Protocol Arct,ivcs Clerk of Legislature d

7 CLERK OF THE LEGISLATURE TRANSMISSION CHECKLIST TO I MAG'4 'LAHEN GUAHAN (Included in File wl All Bills Transmitted) BLLL NO. FINAL PROOF-READING OF BLUEBACK COPY Initialed by: and Date: EXHIBITS ATTACHED CONFIRM NUMBER OF PAGES CAPTION OK CERTIFICATION MATCHES BILL CAPTION ENGROSSED SIGN""" REMOVED FROM BILL 15 SENATORS IN SPONSORSHIP OR CONFIRM OTHERWISE 0 CERTIFICATION SIGNED BY SPEAKER & LEGIS. SECRETARY EMERGENCY DECLARATION. if any Confirn~stl By: a*' ;>-/',.* Dated. FIhTD CARIII I?r BLC.@.ACh (ORIGIU\L 6 COPY) - ~ - ~ ~ TO THE C;OL/EKX.'C~II. (B~A~.;X&, ~OBE$T OR OTHERS ACKSOWLEGED COPY \\.'I ORIGIYAL BLUEF;.ACK PLACED OX CLERIi'S DESK. (Same copy given ;o Susan) >.\ ~-~ ~~ " -g*' FILED 131 D,~nny. I&~i-ii'i: or others -

8 MNA' BEXTE SISGKO NA LIHESLATURAN GUAHAN TWENTY-FIFTH GUAM LEGISLATURE 155 Hesler Street, Hagitfia, Guam January 3,2000 The Honorable Carl T.C. Gutierrez I Maga'lahen Gzltihan Ujsinan I Maga'laki Hagiffin, Guam Dear Maga'laki Gutierrez: Transmitted herewith is Bill No. 373(COR) irluch was passed by I Minn'Baltc Sirigko hro Lidli-;lizt~~raiz Gzidhan on January 3,2000. Enclosure (1) Senator and f-egislative Secretary

9 MINA'BENTE SINGKO NA LIHESLATURAN GUAHAN 2000 (SECOND) Regular Session CERTIFICATION OF PASSAGE OF AN ACT TO 1 IUAGA'LAHEN GUAHAN This is to certify that Bill No. 373 (COR) "AN ACT TO AkIEA'II P.L. NO , RELATNE TO TIIE CALCULATION OF AN EhlPLOYEE'S SALARY FOR E,AKLY RETIREMENT," was on the 3'" day of January 2000, duiy and regularly passed. Speaker Senator and Legislative Secretary This Act was received by I Mn:;ii'l;zi~:.l~ G~inilii~i this d<ky of --?Fd2n.w 2000, f - a: -T3~.-~- o'clock - '.M. IV'I'ROVED: 7$. p -z3--.., ssist~nt Staff Officer Mns:i'lahi's Office CARL T. C. GUTIENiFL r ~ ~ n ~ ~ l Gllli~li11~ ~ ' l l ~ ~ l ~ ~ ~ 1 DLi te: _- -~ - Public Law ~ T O. - -~

10 MINA'BENTE SINGKO NA LIHESLATURAN GUAHAN 2000 (SECOND) Regular Session Bill No. 373 (COR) As amended by the Author. Introduced by: Mark Forbes F. B. Aguon, Jr. E. C. Bermudes A. C. Blaz J. M.S. Brown E. B. Calvo M. G. Camacho L. F. Kasperbauer A. C. Lamorena, V C. A. Leon Guerrero K. S. Moylan V. C. Pangelinan J. C. Salas S. A. Sanchez, I1 A. R. Unpingco AN ACT TO AMEND P.L. NO , RELATIVE TO THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETIREMENT. 1 BE IT ENACTED BY THE PEOPLE OF GUAM: 2 Section 1. Section S of Public Lci~\7 ht~ilnhel is hereby amended tc) 3 read as follo~vs: 4 "Section 8. Amendment to Early Retirement Incentive - 3 Program. (a) hicthod of Computing Payments Due From Retirees

11 Opting to Retire Early. Contributions required from employees of the government of Gu'im who are retiring from government service under the earl\, retirement provisions of Public Law Numbers 25-72, and 25-90, and who are as a consequence purchasing additional years of service credit pursuant to those laws, shall be computed on the basis of the salary the ci~~plovee is earning at thc time the employee applies for the credit. Notwithstanding any other provision of law, such salary shall ilot include any annual lea\-e lump sum payment paid to the employee. Such contributions shall not be computed on the basis of the a\.erage of the employee's top three (3) salary years during their scr\.ice career, or any other alternative basis. (b) Annuitant to Receive Immediate Full Credit For All Service Purchased. Any individual who retires and purchases additional F.t.;irs of service credit sul~ject to the provisions of P~tblic La-cv lumbers 25-72, and is entitled to the f~iil application c~t 5~1~11 additional years of service immediately upon their retirement, r~:y~~rlflf~ss of xvhen a promissory note is finalized between the Iietirement F~lnd and the retiree. Should the Retirement Fund be unable to cons~iinmnte a promissory note sim~~ltaneouc to the separation of the c,i:~ployee from government service or thr\ir. retirt!ment from the gc~vernment of Guam, tht, Retirement Fund t;hall i.c~irc~izcti;lcl~/ ri~7;7/1/ the annuity based on the aiidition~l yeari of.;ervict..

12 (c) Retirement Date for Teachers Shall be on Their Date of Separation from Government Service. Notwithstanding the policies or procedures of the Government of Guam Retirement Fund, the date at which a teacher separates from government service under the Early Retirement provisions of Public La~v Numbers 25-72, and shall 21so be considered their date of retirement and all annuities due to {he retiring teacher shall be due to that tcxcher as of that date."

13 Ci] MINA' BENTE SIKGKO NA LIHESLA'I'URAN GIJAHAN TWENTY-FIFTH GUAM LEGISLATURE I55 Hssler Street, Hagitiia, Guam 96'1 LO 2000 (SECOND) Regular Session 1, Antonio R. Unp~ngco, Speaker of I Mlim'Bente Singko Nu Lrheslaturan (iuahan, hereby cert~fy, in conformance with Title 2 Guam Code Annotated $2103, Pzrhl~c Hear~ngs Mandatory, as amended, that an emergency condition exists involving danger to the public health, safety and welfare of the people and therefore wave the statutory requirements for a publlc hearing on B~ll Number 373 (COK), "AN ACT TO AMEND PUBLIC LAW RELATIVE TO THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETIRMENT," which was introduced on this date, January 3, 2000, and therefore waive the statutory reqmrements for a p~~bllc heani~g on Bill Nu Dated January 3, 2 00~ u AI)%O~'!O R. UNPINGCO Speaker

14 MINA' BENTE: SINGKO N.4 1,IHESLA'I'IRAN GUAHAN TWENTY-FIFTH GUAM LEGISLATURE ; ii 1 leslri- Street. Hagatila. Guam 9W 1 : 2000 (SM 031)) Regular Se\fion I, Antonlo K Un~)lilgco. Speaker ot 1.I.lrtic! Henle Slngko Nu i,lliesluturrrr? (fuah~117. Ili'~.eby ce~t~fy, m co~ifor~nanco with l'itle 2 Guam Code Annotated $2 103, "iihlrc /-/~~rrrnfi\ h4ut1u'uiorp CIS amended, that an emergencq condit~on euli!, tn\ol\r~ng danger to the ;)ubhc health, safety and weltare ot the people and theretore waive the s!atutory requirements for a publlc hearlng on L%!li Ntnnber 373 (CUR), "A\( ACT 10 AMEND PUBLIC LAW K! LA1 IVE TO THE CALC (;LATION OF AN EMPLOYEE'S SAILAk \i FOR kakly KE'PlKMI.NT," which was ~ntroduced on this date,.l<iriuarq?, OUO, and therefore walve the statutory requlrernetlts tor a public I1.ar111g on B~ll Number 373 (( OK) I Iated Jaili~ary 3, 200' I

15 I MlNA' BENTE SINGKO NA LIHESLATURAN GUAHAN?%9(HRST) Regular Session -4 & Date: VOTING SHEET / Bill No. 373 Resolution No. Question: TOTAL L.2 1 / CERTIFIED TRUE AND CORRECT: * 3 Passes = No vote Clerk of the Legislature EA = Excused Absence

16 MINA'BENTE SlNGKO NA LIIlESLATURAN GUAHAN 1999 (FIRST) Regular Session Bill No. (Con) 1 -.-A Introduced by: Mark Forbes-- AN ACT TO AMEND PUBLIC LAW RELATIVE TO CLARIFYING THE CALCULATION OF AN EMPLOYEE'S SALARY FOR EARLY RETIRMENT. BE IT ENACTED BY THE PEOPLE OF GUAM: Section 1. Section S of Public Law is IIIIIOIZLICLI to read: "Section 8. Amend~nent to Early Retirement Incentive Program. (a) Method of Computing Payments Due From Retirees Opting to Retire Early. Contributions required from employees of the government of Guam who are retiring from government service under the early retire~~~ent provisions of l'ublic Law Numbers 25-72, and 25-90, and xvho are as a consequence purchasing additional vears of service credit yur.suar1t to those laws, shall L x computed on the basis of the salary the employee is earning at the time the employee applies for the credit. Not\~.itl~sta~~ding ally c>therpro\.ision of law, such salary shall not include a11v annual leave lump surn pavment paid to the

17 emplovee. Such cor~tributionshall iiot be computed on the basis of tl~c average of the emplovec's top three (3) salar\ years during their service career, or anv otlwr alternative basis. (b) Annuitant to Receive Immediate Full Credit For All Service Purchased. Any individual who retires and purchases additional vears of ser\ice credit subject to thc provisions of Public La~v Numbers 2572,2574 atid is entitled to tlie full application of such additional vears of service immediately upon their retirement, regardle5.i of when a promissory note is finalized bet\\.een the Retirement Fund and the retiree. Should the Retirement Fund be unable to consummate a promissory note siii~ultaneous to the separation of the employee from government servicc or their retirement from the government of Guam, the Retiretnent Fund shall rctrc~aciiilcly npyly the annuity based on the additional years of service. (c) Retirerrxent Date for Teachers Sl~ill be on Their Date from Govenlmrnt Service. Notwithstanding the policies or procedures of the Government of Guani Retirement Fund, the date at which a teacher separates from gci\.erlxnxent service under the Early Retirement provisions of Public Law Numbers 25-72, and shall also be considered their date of retirement and all annuities due to the retiring teacher shall be due to that teacher as of tliat date. r,

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