Legislative lifeline needed for sinking Guam pensions
Changes to the fund manager line-up are likely as Guam seeks to boost returns in its civil servant pension scheme.
Guam, the US territory about four hours' flight east of Hong Kong, is best known for its scuba diving. But it is not just Guam's tourists that are going under water: so is its $1.2 billion defined-benefit pension scheme for 16,000 government employees.
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