American Samoa

The American Samoa Government Employees' Retirement Fund covers most employees of the territory of American Samoa. As of 2012, there are 4,579 active members of the system and 1,762 beneficiaries. 
 

Board Composition

As passed by the Legislature and signed into law by the Governor on April 12, 2013: Effective June 4, 2013, Amending Chapter 14 Section 7.1410, American Samoa Code Annotated (House Bill 33-3):

Increases the number of trustees of the Fund (ASGERF) from five to seven, increases the number of trustees appointed by the Governor who must be members of the Fund with a minimum of five years of service from three to four, and increases the number of trustees appointed by the Governor who may not be members of the Fund from two to three and specifies that at least two must have experience in the private sector business community.

Further, the term of any incumbent member shall continue after its expiration except he shall be deemed resigned from the board and shall no longer serve if he, or his replacement, is not appointed and submitted by the Governor to the Legislature prior to the adjournment of any session during which the term expired, or if the term expires after adjournment of that session, then prior to the adjournment of the next session of the Legislature, regular or special.