{"data":{"id":"us-gu/4-gca-8209","jurisdiction":"us-gu","citation":"4 GCA § 8209","heading":"Employer Contributions.","body":"(a) [No text]\n(1) EaIh employer shall, pursuant to § 82T8, make a Iontribution to eaIh member’s aIIount with respect to each member whose employment commenced on or after October 1, 1995, or who transfers to the Defined Contribution Retirement System pursuant to § 8207, which is equal to five percent (5%) of suIh member’s base pay. In addition, eaIh partiIipating employer shall matIh the first five perIent V5%W of eaIh member’s base pay. On and after January U, 2TU8, these Iontributions herein shall be increased to six and two tenths perIent V6.2%W of suIh member’s base pay.\n(2) The amounts contributed herein shall vest in accordance with the vesting schedule set forth in of § 8210(c).\n(b) Furthermore, prior to the adoption of welfare benefit plans for pre-retirement disability and survivor death benefits in Article 4 of this Chapter, each participating employer shall also make a contribution to the Ancillary Benefit Account for the sole purpose of financing pre-retirement disability insurance and survivor death insurance premiums, in an amount equal to a designated percentage of such member’s base pay, the perIentage to be determined on a quarterly basis by the Board within its sole discretion, in an amount not to exIeed two perIent V2%W of eaIh member’s base pay.\n(c) Each participating employer shall ensure that its employer or member contributions are made within five (5) working days. In the case of an officer or an employee of the government of Guam, any unpaid employer contribution shall be a government debt, contracted as a result of a casual deficit in the government’s revenues, to be aIIorded preferred status over other expenditures.","path":["Title 4: Public Officers and Employees","Chapter 8: Retirement of Public Employees","ARTICLE 2: DEFINED CONTRIBUTION RETIREMENT SYSTEM [NEW PLAN]"],"source_url":"https://col.guamcourts.gov/sites/default/files/04gc008_2026-10-26.pdf","current_through":"P.L. 38-143 (Oct. 13, 2026)","vintage":"","retrieved_at":"2026-10-27T02:48:59Z","sha256":"4a9ae36a926de8249228bc67e14b334b15c22013d489cf7ccfdb3a90c9fe2cca","source_id":"us-gu","stale":false,"prev":"us-gu/4-gca-8208","next":"us-gu/4-gca-8209.1"},"notice":"GroundRules: Original legal text. Not legal advice."}