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Government Employees Retirement System (GERS)

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CHRISTIANSTED — If you’re a Virgin Islands government employee who will be eligible for a pension when you retire, there is only one thing on your mind: Will the Government Employee Retirement System (GERS) still be solvent then? And if you’re independent candidate for governor, Warren Mosler and you understand

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  [ad name=”HTML-68″] CHARLOTTE AMALIE — The aftermath of Hurricanes Irma and Maria will not prevent the territory from making its bond payments, Gov. Kenneth Mapp said in his State of the Territory speech. “Bondholders can be assured that their investments in Virgin Islands’ securities are safe, secure, and valuable,”

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CHARLOTTE AMALIE — The United States Virgin Islands is best known for its powdery beaches and turquoise bays, a constant draw for the tourists who frequent this tiny American territory. Yet away from the beaches the mood is ominous, as government officials scramble to stave off the same kind of

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     Finance’s Valdamier Collens CHARLOTTE AMALIE – Cash is no longer king with the Virgin Islands government. At least when it comes to government employees paying into their insurance fund. Finance Commissioner Valdamier Collens said today that cash will no longer be accepted accepted at Government Employees Retirement System

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CHARLOTTE AMALIE – The maker of the Keurig single-cup coffee system must face a securities fraud class-action lawsuit, the Second Circuit ruled last week. Five employee retirement systems – including the GERS – acquired stock in Green Mountain Coffee Roasters Inc., which manufactures Keurig coffee makers. The plaintiffs are the retirement

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