4 GCA § 8505
Defined Benefit 1.75 Plan Member Disability Retirement Annuity
View official PDF ↗(a)Amount of Disability Retirement Annuity. Notwithstanding the otherwise applicable formula under § 8125 or other successor provision, the amount of basic disability retirement annuity for a Defined Benefit 1.75 Plan member under the Retirement Fund shall be fifty percent (50%) of average annual salary based on the average three
(3)highest annual salaries received the member during that member’s years of credited service. For purposes of defining “salary” and “average annual salary” under § 8104(i) and (j), respectively, with respect to the determination of the basic disability retirement annuity payable to a Defined Benefit 1.75 Plan member, the term “salary” shall mean the member’s base salary excluding all non-base compensation.
(b)Automatic Increases in Annuity for Disability Retirement Annuity. Any Defined Benefit 1.75 Plan member receiving a recomputed disability retirement annuity under the Retirement Fund shall receive each year on the anniversary date of the member’s retirement or entitlement, an automatic sliding scale increase in the member’s annual basic disability retirement annuity as applicable under the Retirement Fund pursuant to § 8129 or other successor provision.
Reconstructed from the Guam Code Annotated. For the authoritative version, see the official PDF.