DB interest payment checks out

Posted on Aug 29 2014

Tag: DB, Form W9, Ivan Blanco, Saipan Tribune

Former and current government employees were all smiles as they fell in line Friday afternoon to get their paper checks representing interest payments for their withdrawn defined benefit plan contributions.

Acting press secretary Ivan Blanco said only those who haven’t filed their Form W9 won’t get their checks.

“Finance wishes to express its appreciation to all who received their funds today for their patience and understanding,” Blanco told Saipan Tribune.

DB members interviewed while in line or after they got their checks said they will use the money for their children’s schooling and pay their bills. Others said they will put their money in the bank.

Full story on Monday’s paper.

Haidee V. Eugenio | Reporter

Haidee V. Eugenio has covered politics, immigration, business and a host of other news beats as a longtime journalist in the CNMI, and is a recipient of professional awards and commendations, including the U.S. Environmental Protection Agency’s environmental achievement award for her environmental reporting. She is a graduate of the University of the Philippines Diliman.

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