Terms Used In 4 Guam Code Ann. § 8105

  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
The following employees shall be members of the Fund and subject to the provisions hereof:

(a) All employees, regardless of age or length of service, in the service of the Government on the operative date, shall become members of the Fund by virtue of their employment.

Any person who shall be on an approved leave of absence on the operative date, on account of disability or military service, shall be subject to membership as of such date, as though he were in active service. If such leave of absence was for any other cause, such person shall be subject to membership as of the operative date only if the leave of absence shall have extended, in the aggregate, for less than one (1) year at the operative date.

(b) All persons becoming employees after the effective date, shall become members as a condition of employment,

COL 8/23/2023

4 Guam Code Ann. PUBLIC OFFICERS & EMPLOYEES
CH 8 RETIREMENT OF PUBLIC EMPLOYEES

provided they are under the age of sixty (60) years on the original date of entry into service.

(c) Provided, that any person who, on or after August 1,
1954, becomes an employee only for a definite agreed term, or who at the time of employment is not domiciled in Guam, shall have the option of accepting or rejecting membership and shall become a member only upon submission of a written request to the Board for membership; and provided further that any employee who on August 1, 1954, is an employee only for a definite agreed term, or who is not domiciled in Guam and who on August 1, 1954, is a member, shall have the option of continuing or terminating his membership, but shall continue to be a member until he submits to the Board a written request for termination of his membership.

(d) An employee of a public corporation of the Government or of the University of Guam shall have the option of accepting or rejecting membership and shall become a member only upon submission of a written request to the Board for membership.

(e) Any employee of the government of Guam whose employment is purely temporary, seasonal, intermittent or part-time shall have the option of accepting or rejecting membership and shall become a member only upon submission of a written request to the Board for membership.

SOURCE: GC § 4204; Subsection (b) amended by P.L. 18-048:24 (Jan.
2, 1987); Subsection (d) amended by P.L. 13-194 (Oct. 4, 1976); Subsection (e) added by P.L. 11-135 (Apr. 26, 1972).