80.3 F
Charlotte Amalie
Saturday, May 28, 2022
HomeNewsArchivesRETIREMENT SYSTEM GROUP TO MEET

RETIREMENT SYSTEM GROUP TO MEET

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.

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.

STAY CONNECTED

20,771FansLike
4,727FollowersFollow
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.