87.5 F
Charlotte Amalie
Friday, March 31, 2023


A full-page ad placed in local newspapers this weekend by the Government Employees Retirement System board of trustees says salary increases for 18 unclassified employees were fully warranted.
The ad notes, among other things, that the 18 exempt employees have received no salary increases since 1995, while their unionized subordinates have, placing the unionized employees' earnings above the salaries of their supervisors.
GERS members who attended a Dec. 8 board meeting complained about a lack of information regarding the financial status of the system, according to a Daily News report.
GERS member Gonzalo Rivera said he requested copies of the minutes of board meetings for the past year and financial statements for 1997 and 1998. He was advised copies of those public documents would cost him $4,259.25.
The full-page ad says the issue of unfunded liability does not stem from an increase in operational costs. It says they are separate issues.
The ad did not list the names or titles of the exempt employees who got raises or the amount of their increases. Earlier reports indicated some raises ranged from $25,000 to $56,000.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.

Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.