by Mindy Aguon, KUAM NewsTuesday, May 13, 2008 Subscribe to Mindy's newsfeed
The last roadblock in getting $9 million in cost of living allowances out to retirees has now been formally removed, with Governor Felix Camacho's signature on a guaranty with the Bank of Guam. This means the money will be made available to the government in the next day or two.COLA class counsel Attorney Mike Phillips says once the money is available the government can cut the checks that have already been calculated, as each retiree will be receiving the same amount.