GMH makes gross payroll for first time in years - KUAM.com-KUAM News: On Air. Online. On Demand.

GMH makes gross payroll for first time in years

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by Mindy Aguon

Guam - The Guam Memorial Hospital made gross payroll for its employees today, the first time in years. Earlier in the week, interim hospital administrator Rey Vega said the new management is working on the finances at the hospital and focused on making gross payroll. 

For several years GMH has been taking money out from employee checks for retirement, but that money has not been remitted to the Government of Guam Retirement Fund.  In fact GMH owes $7 million in employer and employee contributions. Vega says officials will work to make gross payroll every pay period while also negotiating a payment plan for the millions owed to the Fund.

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