Any member of Employees' Retirement System of the Government of the Virgin Islands contemplating retirement should know the following:
It is imperative that you visit the GERS office to complete a Prior Service Evaluation Form or write a letter requesting a prior service evaluation at least two (2) years in advance of your anticipated retirement date. The purpose of the prior service evaluation is:
Prospective retirees should contact GERS to schedule an appointment with a Benefits Analyst at least three (3) months prior to their retirement date in order to complete an application. Note: By law, an employee is required to give his/her department 60 days notice of their intent to retire.
Retirement is not automatic. If an application is not completed with GERS, we cannot process a retirement annuity payment.
If an application is completed after the date of retirement, by law GERS can only go back sixty (60) days from the application date. For example, if someone leaves the government effective December 31st and does not complete an application until July 31st, his or her annuity becomes effective June 1st. The individual would have lost five (5) months of benefits. See Title 3 Chapter 27 Section 705 (a) VIC. Thus, it is imperative that an application is completed on a timely basis.
The following items are required when applying for a Service Retirement Annuity: