Act No. 6905 (26th Legislature) — An Act authorizing the issuance of Pension Obligations Bonds; amending the Retirement System Reform Act, 3 V.I.C., chapter 27 by establishin
ACTNO. 6999 BILL NO. 26-0351 TWENTY-SIXTH LEGISLATURE OF THE VIRGIN ISLANDS Special Session 2006 An Act authorizing the issuance of Pension Obligations Bonds; amending the Retirement System Reform Act, 3 V.I.C., chapter 27 by establishing a new retirement program for members of the Legislature and establishing a Supplemental Contribution Program; amending 3 V.I.C., sections 1 and 31 to increase the governor’s salary to $150,000 and the Lt. Governor’s salary to $125,000; amending 2 V-I.C., section 71 to increase the salaries of the members of the Legislature; authorizing the issuance of a guaranty to Golden Gaming LLLP, ratifying illegal contracts, making appropriations and for other purposes ---0--- Be it enacted by the Legislature of the Virgin Islands: SECTION 1. …
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