4 GCA § 8203
Article to be Liberally Construed; Purpose
View official PDF ↗The provisions of this Article shall be liberally construed so as to provide an individual account retirement system for any person who is employed in the government of Guam. The purpose of the Article is to provide a defined contribution retirement program which is fully funded on a current basis from employer and member contributions.
§ The story of this section
- Enacted by P.L. 23-42 § 3 — introduced as Bill 305-23 · introduced by Joe T. San Agustin + 2 cosponsors
- Amended by P.L. 24-200 § 4 — introduced as Bill 537-24 · introduced by Felix P. Camacho
- Amended by P.L. 26-162 § 7 — introduced as Bill 434-26 · introduced by Vicente C. Pangelinan
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.