The additional net bonus payment for Fiscal Year 2021 of $98.30 was paid to 7,260 retirees.
The net bonus payments for 2021 and 2022 will be completed before the end of November.
GERS is working with the host bank and corresponding banks to have the annuity payments deposited in the accounts later today.
GERS Administrator/CEO, Austin L. Nibbs, would like to advise the retirees who are entitled to receive the additional V.I. Lottery Bonus for Fiscal Years 2018, 2019, and 2020, that payments have been delayed due to technical issues with the files.
GERS Administrator/CEO, Austin L. Nibbs, would like to advise the retirees who received the annual V.I. Lottery Bonus for Fiscal Years 2018, 2019, and 2020, that they will be receiving the gross/net bonus payments as displayed below according to Act No. 8578 (Bill No. 34-0167) which was sponsored by Senator Donna A. Frett Gregory, and signed by Governor Albert Bryan, Jr. on Monday, August 8, 2022.
