Bill No. 35-0048 - An act amending title 3 Virgin Islands Code, chapter 27, section 719(b), requiring the Government Employees Retirement System to send each active member
COMMITTEE ON GOVERNMENT OPERATIONS, VETERANS AFFAIRS AND CONSUMER PROTECTION 11/14/2023-SPECIAL ORDERED TO THE FLOOR 08/09/2023-REASSIGNED TO THE COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 35-0048 Thirty-Fifth Legislature of the Virgin Islands February 27, 2023 An act amending title 3 Virgin Islands Code, chapter 27, section 719(b), requiring the Government Employees Retirement System to send each active member an annual report of contributions by U.S. mail or by electronic means, at the members option PROPOSED BY: Senator Alma Francis Heyliger Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 3 Virgin Islands Code, chapter 27, section 719, subsection (b) is 2 amended in the following instances by: 3 (1) inserting “active” before “member”; 4 (2) striking “and annuitant by U.S. mail”; 5 (3) striking “the benefits or”; and 6 (4) adding a sentence at the end of the subsection to read as follows: “The member has 7 the option to select to receive the annual statement by U.S. mail or by electronic means.” 8 BILL SUMMARY 9 This bill amends 3 V.I.C. …
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COMMITTEE ON GOVERNMENT OPERATIONS, VETERANS AFFAIRS AND CONSUMER PROTECTION 11/14/2023-SPECIAL ORDERED TO THE FLOOR 08/09/2023-REASSIGNED TO THE COMMITTEE ON BUDGET, APPROPRIATIONS AND FINANCE BILL NO. 35-0048 Thirty-Fifth Legislature of the Virgin Islands February 27, 2023 An act amending title 3 Virgin Islands Code, chapter 27, section 719(b), requiring the Government Employees Retirement System to send each active member an annual report of contributions by U.S. mail or by electronic means, at the members option PROPOSED BY: Senator Alma Francis Heyliger Be it enacted by the Legislature of the Virgin Islands: 1 SECTION 1. Title 3 Virgin Islands Code, chapter 27, section 719, subsection (b) is 2 amended in the following instances by: 3 (1) inserting “active” before “member”; 4 (2) striking “and annuitant by U.S. mail”; 5 (3) striking “the benefits or”; and 6 (4) adding a sentence at the end of the subsection to read as follows: “The member has 7 the option to select to receive the annual statement by U.S. mail or by electronic means.” 8 BILL SUMMARY 9 This bill amends 3 V.I.C. § 719(b), which directs the Government Retirement System to 10 send an annual statement of benefits or contributions by mail to employees and annuitants. 11 This bill would require the System to send each active member of the System a statement of 12 contributions by mail or by electronic means at the member’s election. 13 BR23-0405/February 21, 2023/YLT 14