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RETIREES TO RECEIVE THE VI LOTTERY BONUS FOR 2022

(Tuesday, November 29, 2022)
Administrator/CEO, Austin L. Nibbs, advises the retirees who are eligible to receive the annual V.I. Lottery Bonus for Fiscal Year 2022, the bonus payment under Act No. 8578 was paid and will be received this week

GERS Administrator/CEO, Austin L. Nibbs, advises the retirees who are eligible to receive the annual V.I. Lottery Bonus for Fiscal Year 2022, the bonus payment under Act No. 8578 was paid and will be received this week in the same manner that your retirement annuity payments are received.

The net bonus payment for Fiscal Year 2022 of $233.95 was paid to 7,554 retirees. The Gross amount is $299.95 less federal withholding tax of $66.00.