TITLE

Northern Mariana Islands Weigh Pension Cure

AUTHOR(S)
Jensen, Randall
PUB. DATE
June 2013
SOURCE
Investment Management Mandate Pipeline;6/ 3/2013, p13
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article assesses plans of the Commonwealth of Northern Mariana Islands to cover its pension liabilities in 2013. It discusses the bill passed in the House of Representatives to sell pension obligation bonds collateralized by islands and another bill pending that would allow casinos to operate in Saipan as measures to raise revenues to pay for retirement liabilities. Comment from analyst Ken Kurtz of Moody's Investors Service is presented.
ACCESSION #
89590060

 

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