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GERS Release-12012025-GERS Issues Retiree Bonus Payment_final

Collection
Government Financials
Sub-shelf
GERS (Retirement System)
Kind
Financial Report
Date
2025-12-31
Topics
Public Finance
Pages
1
Text
Native Text

3438 Kronpr indse ns Gade | GERS Comp le x – Ste . 1 | St. T homas, VI 00802 - 5 720 | 34 0 . 776 . 7 703 3004 Estate Orange Gro v e – Ste . 1 | Christian s te d, VI 0082 0 - 4 260 | 3 40 . 71 8 . 5480 www. usvigers. com “Contributing today for a better tomorrow” Press Release For Immediate Release Date: Monday, December 1, 2025 Angel Dawson, Jr. Administrator Bus.: 340.776.7703 • Fax: 340.776.4499 GERS ISSUES RETIREE BONUS PAYMENT GERS Administrator Angel Dawson Jr. is pleased to announce that the Annual Virgin Islands Lottery Bonus payments have been processed and will be issued to 7,669 eligible retirees by Friday, December 5, 2025. Retirees aged 60 and older who have been on the retirement payroll for at least one year, as well as all disability annuitants on the payroll for at least one year, are eligible to receive a net bonus payment of $231.00 after taxes. Administrator Dawson further recognizes and sincerely thanks the Virgin Islands Lottery Executive Director, Raymond Williams, and his team for enabling the payment of this annual bonus, as per legislation. …

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3438 Kronpr indse ns Gade | GERS Comp le x – Ste . 1 | St. T homas, VI 00802 - 5 720 | 34 0 . 776 . 7 703 3004 Estate Orange Gro v e – Ste . 1 | Christian s te d, VI 0082 0 - 4 260 | 3 40 . 71 8 . 5480 www. usvigers. com “Contributing today for a better tomorrow” Press Release For Immediate Release Date: Monday, December 1, 2025 Angel Dawson, Jr. Administrator Bus.: 340.776.7703 • Fax: 340.776.4499 GERS ISSUES RETIREE BONUS PAYMENT GERS Administrator Angel Dawson Jr. is pleased to announce that the Annual Virgin Islands Lottery Bonus payments have been processed and will be issued to 7,669 eligible retirees by Friday, December 5, 2025. Retirees aged 60 and older who have been on the retirement payroll for at least one year, as well as all disability annuitants on the payroll for at least one year, are eligible to receive a net bonus payment of $231.00 after taxes. Administrator Dawson further recognizes and sincerely thanks the Virgin Islands Lottery Executive Director, Raymond Williams, and his team for enabling the payment of this annual bonus, as per legislation. Payments will be issued using the customary method through which retirees receive their annuity payments from the Government Employees’ Retirement System. Eligible employees are encouraged to check Member Self Service for their bonus details. ### GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM OF THE VIRGIN ISLANDS