Retirees Testify on New Lola Cola Bill

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Guam – Lola Cola eligible retirees were back at the legislature today testifying on bill 492 which would distribute additional COLA award payments for certificates off claims issued.

 

 The proposed measure would also authorize the sale of general obligation promissory notes for payments to LOLA COLA awardees. Barbara Delacruz’s sister is a COLA awardee and today she testified on behalf of her sister and in favor of bill 492. “I am here on behalf of my sister she is 82 now and she is under dialysis,” said Delacruz adding, “And I hope that this will be the first and last that we will be meeting down here and they will get what they need and what they deserve.” Delacruz says that today they buried a COLA eligible retiree who passed away before receiving her COLA award.