Guam DOL issues guidance to financial institutions ahead of PUA launch

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The Guam Department of Labor (GDOL) is notifying financial institutions of the influx of millions of dollars in federal money that will be disbursed to eligible recipients within the coming weeks.

GDOL is preparing to launch its employee application module for the Pandemic Unemployment Assistance (PUA) program and Federal Pandemic Unemployment Compensation (FPUC) program, which will allow thousands of Guam residents to receive unemployment assistance funds.

“Our team has been working around the clock to refine the employee online application module. We are close to getting it up and running.

In the meantime, we want to inform those that apply for PUA that
checks in large amounts may be hard to cash,” said GDOL Director David Dell’Isola.

“If you do not have a personal bank account, it will be best to reach out to a bank or financial institution and establish one so you can receive your payments through a direct deposit. This will be faster than waiting for a check
to be processed.”

When the application process opens, have your account information ready if you want to select the direct deposit option for your PUA benefits.

As of right now, the module has not been launched yet.

Other financial institutions can email [email protected] if they want to seek further guidance from GDOL on the release of PUA funding.

The GDOL employer module has already registered thousands of affected employees but GDOL is reminding employers to register their affected employees as soon as possible so they can be helped when the PUA system is fully operational.

The department is requiring all employers and business owners who have displaced workers due to COVID-19 to register and email their business or
contractor’s license to [email protected] for verification purposes on the HireGuam website.

To date, 1,038 employers registered on hireguam.com reporting 19,906 employees were affected.
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