|
IT would seem that recent
CNMI retirees, by effect of their employment with the local government,
are contractually entitled to full Retirement Fund benefits. No question
about it. Its not the fault of the recent retirees, or RRs, that
the CNMI government failed to pay into the Fund the monies required to
have been paid under the law broken by the CNMI government, is it? And
its not the fault of the RRs that the Fund and/or current/past Fund
officials failed to timely, effectively, meaningfully, and aggressively
prosecute this matter by way of civil action in the U.S. court, is it?
And its not the fault of the RRs that the CNMI and Fund officials
who over the years have perpetuated this fiasco neglected or failed or
were simply unwilling to obtain professional liability insurance coverage
as to such matters, is it?
And so if the Fund does not pay those benefits, of course the RRs may
certainly sue the CNMI government for breach of contract etc. at Guma
In Hustisia. But this might not be a very attractive option given
the CNMIs poor financial condition upon which it will likely premise
a contention that it simply cant pay (though it can finance Hawaiian-vacations-for-30
and last minute jet flights to D.C. hearings at which...gee golly whiz...the
Gubnor hisself wont attend though, if he did, he might get
to answer some questons about his good friend Honest Abe Abramoff
and the $10 million in payments orchestrated into Abramoffs pockets
rather than to the Funds retirees).
Consequently, what entity/person(s) will the RRs look towards and sue
if they are not paid full, 100 percent, retirement benefits as expressly
or impliedly required by effect of their longtime CNMI employment? The
Fund, its board, its officials, etc. of course. Both for obvious liability
reasons. But more importantly, because the Fund has deep pockets and is
flush with assets...and so the Fund when it loses will be required to
use Fund assets not only to compensate these RRs but also to pay all of
the legal costs incurred on behalf of the RRs with the Fund then,
of course, entitled to seek recovery of a portion of these fees (and related
financial claims) from the broke CNMI government.
The positive aspect might, at the very least, be the probability that
RRs will file the action in the U.S. court, obtain a swift judgment on
behalf of themselves versus the Fund and the CNMI as well as a
judgment on behalf of the RRs and all other retirees versus the CNMI for
delinquent payments to the Fund (which, in turn, will at least give the
Fund creditor-preference which it now lacks having failed/neglected to
seek/obtain a judgment (stipulated or otherwise) versus the CNMI in the
long-pending civil action foolishly filed in the Guma In Hustisia rather
than the U.S. court last summer)?
And of course whether or not the Fund acts pursuant to some new
CNMI law or via change in Fund policy the Fund will likely be liable
for 100 percent of the RRs claims (joint/several liability).
But the now BenTan-headed Fund must know all of this. But doesnt
mind draining the Funds assets even more than it has done via non-payment
of Fund debt over the past?
And so the Fund appears to be putting at risk, for purposes of political
expedience (or perhaps less likely out of sheer stupidity/inanity), the
very assets the Fund is supposed to protect?
Im waiting for a call or e-mail or contact from any one of the RRs
for whom I shall remain willing to arrange legal representation in a civil
lawsuit versus the Fund/board/officials and/or the CNMI, in the U.S. court,
as to this latest travesty soon to be brought to you by the flunkies of
that Friend-Of-The-Honest-Abramoff-$10 million-Paid-Man...BenTan, our
Garmently Endowed-Gubnor... whos not gone to D.C., for who-knows-why,
but is now being visited, by the FBI?
BRUCE L. JORGENSEN
Peshawar, Pakistan
|