# Government of Guam Retirement Fund Government of Guam Retirement Fund is a Pension Fund based in Maite, Guam. ## Overview - **Organization type:** Pension Fund - **Headquarters:** Maite, Guam - **Region:** Oceania - **Address:** Fondon Ritirao 424 Route 8, Maite, Guam 96910 - **Founded:** 1951 - **Assets under management:** Undisclosed - **Website:** www.ggrf.com - **LinkedIn:** https://www.linkedin.com/company/government-of-guam ## Regulatory record - **Reports private funds:** No ## About The Government of Guam Retirement Fund was created in 1951 to serve employees of the government of Guam, providing retirement annuities and benefits designed to retain qualified personnel in public service. Director Paula M. Blas leads the agency, while the Board of Trustees — chaired by Antolina S. Leon Guerrero — includes both government representatives and private-sector trustees like David N. Sanford. The fund administers three separate retirement plans: a longstanding defined benefit plan, a 401(a) defined contribution plan, and a 457 deferred compensation arrangement. On the investment side, the fund pursues a diversified approach across multiple asset classes to back its long-dated liabilities. While specific AUM is not publicly disclosed, the fund holds exposures to global real estate investment trusts, a dedicated diversified real assets portfolio, and commodities. The investment committee is chaired by Treasurer Artemio R.A. Hernandez, who oversees deployment decisions. The fund’s scale and staffing remain opaque, though its governance structure is detailed through its website and board meeting minutes. The Board includes a dedicated Members and Benefits Committee chaired by Katherine E.T. The fund does not operate additional offices beyond its Maite, Guam headquarters and runs no disclosed philanthropic or adjacent vehicles. In January 2024, the fund published its 2024 board election results, continuing its cycle of trustee governance renewal. What sets the Government of Guam Retirement Fund apart structurally is its administration of three distinct benefit tiers — defined benefit, 401(a), and 457 — for a single territorial workforce. This multi-layered architecture, governed by a board that blends government and private-sector trustees, creates a benefit system that mirrors larger US state pension funds while operating under the unique fiscal and legal constraints of an unincorporated US territory. ## Sectors - Real Estate - Infrastructure - Diversified Real Assets ## People - Paula M. Blas — Director ## Questions ### Who oversees investment decisions at the Government of Guam Retirement Fund? The Investment Committee of the Board of Trustees is chaired by Artemio R.A. Hernandez, who serves as the Board’s Treasurer. The committee supervises the deployment of fund assets across asset classes including global REITs, diversified real assets, and commodities. Day-to-day management is overseen by Director Paula M. Blas, who reports to the Board. ### How is the fund governed? A Board of Trustees composed of government representatives and private-sector members governs the fund. Board roles include a Chair, Vice-Chair, Secretary, and Treasurer. Standing committees — including the Investment Committee and the Members and Benefits Committee — separate oversight of asset management from beneficiary administration. ### What retirement plans does the fund administer? The fund operates three retirement plans: a defined benefit plan providing annuities based on years of service and salary, a 401(a) defined contribution plan, and a 457 deferred compensation plan. This three-tiered structure is designed to cover different cohorts of government employees and allow for supplemental savings. ## Related profiles - [Gordian Capital](https://altss.com/profile/gordian-capital) - [GPI Capital](https://altss.com/profile/gpi-capital) --- Last updated: 2026-08-11T02:43:31.692Z Canonical page: https://altss.com/profile/government-of-guam-retirement-fund Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology