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RETIREMENT SYSTEM GROUP TO MEET

Jan. 9, 2002 – If you're worried about your Government Employees Retirement System funds, join a newly-formed group, Advocate for the Preservation of our Retirement System, at its meeting Jan. 26. It will be held at 10 a.m. at Bertha Boschulte Junior High School in St. Thomas.
Members will be at Tutu Park Mall from 10 a.m. to 3 p.m. on Jan. 12 with a petition that calls for a repeal of Senate bills that gave V.I. Water and Power hazardous duty workers early retirement without any funding and grant senators pension increases.
The group organized in October to fight what members view as giveaways from the government workers' retirement system.
"The Legislature is squandering our money," spokeswoman Marie Simmonds said.
She pointed out that government workers put money into the GERS system. When they retire, they depend on it for support.
For more information on the meeting and the organization, call Simmonds at 714-1961.

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