{"data":{"id":"us-gu/4-gca-8504","jurisdiction":"us-gu","citation":"4 GCA § 8504","heading":"Transfer of Member Accounts from Defined Contribution System; Transfer of Excess Account Balance, If Any.","body":"(a) In connection with credited service transferred from the Defined Contribution Retirement System to the Retirement Fund under § 8503(d)(1), a member’s Member Account balances in the Defined Contribution System shall be transferred to the Defined Benefit 1.75 Retirement System in accordance with this Section.\n(b) An amount equal to the lesser of a member’s:\n(1) section 8208 and § 8209.1(a) account balances, if any; or\n(2) actuarial cost of credited service, shall be transferred to the Defined Benefit 1.75 Retirement System as set forth in this § 8504(b).\n(c) The actuarial cost of credited service for a member transferring to the Defined Benefit 1.75 Plan shall be funded first from the member’s § 8209.1(a) account, if any, and applied to the member’s § 8164(a) Member’s Contribution Reserve; any further amounts needed to fund up to the actuarial cost of credited service shall be funded next from the member’s § 8208 pre-tax account and applied to a pre-tax subaccount in the member’s § 8164(a) Member’s Contribution Reserve.\n(d) Excess Account Balance, if any, attributable to a member’s § 8209.1(a) account shall remain in the member’s § 8209.1(a) account, except for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s account in accordance with § 8503(d)(3).\n(e) Excess Account Balance, if any, attributable to a member’s § 8208 Member Contribution Account shall remain in the member’s § 8208 Member Contribution Account, except for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s account in accordance with § 8503(d)(3).\n(f) An amount equal to the member’s § 8209.1(b) account (Rollover Employer’s Contributions from § 8164(b), also referred to as the Transfer Incentive Reserve) shall remain in the member’s § 8209.1(b) account, except for amounts designated by the member to be applied to repay prior partial withdrawals from the member’s account in accordance with § 8503(d)(3).","path":["Title 4: Public Officers and Employees","Chapter 8: Retirement of Public Employees","ARTICLE 5: DEFINED BENEFIT 1.75 RETIREMENT SYSTEM"],"source_url":"https://col.guamcourts.gov/sites/default/files/04gc008_Q.pdf","current_through":"P.L. 38-133 (June 4, 2026)","vintage":"","retrieved_at":"2026-09-27T02:14:48Z","sha256":"d85ab866a7040e23b61ceef29a0d3a3ed524083a659a76058c0cf325a71e256a","source_id":"us-gu","stale":false,"prev":"us-gu/4-gca-8503","next":"us-gu/4-gca-8505"},"notice":"GroundRules: Original legal text. Not legal advice."}