GERS Board Regular Meeting (Nov 2022)

Streamed live on YouTube on Thursday, November 17th at 9:30 a.m.

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Retirees to Receive Additional VI Lottery Bonuses

The net bonus payments for 2021 and 2022 will be completed before the end of November.

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Act No. 8560 (Bill No. 34-0171) Section 5

Members with thirty or more years who have paid an additional three percent (3%) after April 11, 2022 are eligible for a refund of the additional 3% paid.

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Retirees To Receive Annuity Payment Later Today

GERS is working with the host bank and corresponding banks to have the annuity payments deposited in the accounts later today.

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Delay in Retirees Receiving Additional VI Lottery Bonuses

GERS Administrator/CEO, Austin L. Nibbs, would like to advise the retirees who are entitled to receive the additional V.I. Lottery Bonus for Fiscal Years 2018, 2019, and 2020, that payments have been delayed due to technical issues with the files.

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