THE CNMI GOVT. IS SUING IT'S SELF FOR SCREWING IT'S SELFIsn't this just goofy? Read this....
NMI Govt. Eyes Suit vs. Retirement Fund
The Fitial administration (Executive branch, CNMI govmt.) is mulling a lawsuit against the NMI Retirement Fund (CNMI fund) over the suspension of pension benefits to new retirees. (CNMI retirees.) Gov. Benigno R. Fitial has instructed the (CNMI) Attorney General's Office to investigate the (CNMI) Fund's action and take legal action against the (CNMI) pension agency, according to (CNMI) press secretary Charles P. Reyes Jr.
Let's look at this picture so far... The CNMI Govmt. is suing the CNMI Retirement fund for not paying the CNMI Retirees.
Now why wouldn't the CNMI Retirement fund not be paying the CNMI Retirees?
The reason for this is the CNMI Govmt. is not paying the CNMI Retirement fund...Ah-ha!
“We are convinced that it is illegal for the Retirement Fund to refuse to process benefits for new retirees,” Reyes said. “It is a breach of contract between the government employees and the Fund. The employees fulfilled their part of the bargain by paying contributions. They should not be penalized for something they have no control over.”
Now isn't it obvious the CNMI Govmt. isn't living up to their side of the bargin either?
On Nov. 20, 2007, the Fund board of trustees adopted a resolution to stop processing members' benefits. The reason: the government's continued failure to remit full contributions to the Fund and the passage of certain laws deemed damaging to the pension program.
There you have it. Govmt. isnt paying the fund as I mentioned.
Guess who wins in this push and shove game?
It's the lawyers, they will win!
Who will foot the lawyers bills, and lose in this fickle bickering?
It's you the taxpayers!
Isn't this a nice big happy family, can't you just see the love flowing!
What a pile of chicken shit! A bunch of fuckin' idiots! Thats all!
.....GED.....
NMI Govt. Eyes Suit vs. Retirement Fund
The Fitial administration (Executive branch, CNMI govmt.) is mulling a lawsuit against the NMI Retirement Fund (CNMI fund) over the suspension of pension benefits to new retirees. (CNMI retirees.) Gov. Benigno R. Fitial has instructed the (CNMI) Attorney General's Office to investigate the (CNMI) Fund's action and take legal action against the (CNMI) pension agency, according to (CNMI) press secretary Charles P. Reyes Jr.
Let's look at this picture so far... The CNMI Govmt. is suing the CNMI Retirement fund for not paying the CNMI Retirees.
Now why wouldn't the CNMI Retirement fund not be paying the CNMI Retirees?
The reason for this is the CNMI Govmt. is not paying the CNMI Retirement fund...Ah-ha!
“We are convinced that it is illegal for the Retirement Fund to refuse to process benefits for new retirees,” Reyes said. “It is a breach of contract between the government employees and the Fund. The employees fulfilled their part of the bargain by paying contributions. They should not be penalized for something they have no control over.”
Now isn't it obvious the CNMI Govmt. isn't living up to their side of the bargin either?
On Nov. 20, 2007, the Fund board of trustees adopted a resolution to stop processing members' benefits. The reason: the government's continued failure to remit full contributions to the Fund and the passage of certain laws deemed damaging to the pension program.
There you have it. Govmt. isnt paying the fund as I mentioned.
Guess who wins in this push and shove game?
It's the lawyers, they will win!
Who will foot the lawyers bills, and lose in this fickle bickering?
It's you the taxpayers!
Isn't this a nice big happy family, can't you just see the love flowing!
What a pile of chicken shit! A bunch of fuckin' idiots! Thats all!
.....GED.....
16 comments:
Sometimes I wonder why there aren't fist fights up on Capitol Hill.
How can anybody wonder why the Feds are getting more involved?
Unfortunately these islands are a symbol and definition of gross, public mismanagement.
didn't the executive branch talk about how pointless a suit launched by the retirement fund against the cnmi government for non-payment of its contribution would be?
ai adai...
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