Notice of Class Action Settlement

Translations of this Notice in the Chamorro and Carolinian languages are available at http://www.nmiretirement.com.  If you have any questions about this notice please contact Class Counsel, Bronster Hoshibata at:  1-855-494-3805 (toll free) (available from August 23, 2013) or 1-808-524-5644.


NOTICE OF CLASS ACTION SETTLEMENT
You are receiving this Notice because you may be a member of the Northern Mariana Retirement Fund Defined Benefit Plan (“NMIRF”). Plaintiff Betty Johnson has sued the Commonwealth of the Northern Mariana on behalf a proposed class of members (“Class Members”) in the United States District Court for the Northern Mariana Islands (the “Court”). Plaintiff alleges the CNMI has failed to pay the amounts that it was required by law to pay to the NMIRF since 2005. As a result, the NMIRF will run out of money as soon as June 2014 and will no longer be able to pay you any retirement benefits.


CLICK HERE TO VIEW DOCUMENT IN ITS ENTIRETY (PDF version)

Also available in CHAMORRO and CAROLINIAN languages.

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