GOVERNMENT EMPLOYEES’ RETIREMENT SYSTEM  
“Contributing today for a better tomorrow”   
  
Press Release  
          For Immediate Release  
  
Date:            Tuesday, October 25, 2022  
  
Austin L. Nibbs, CPA, CGMA  
Administrator/CEO  
Bus.:  340.776.7703 • Fax:  340.776.4499  
  
 
                DELAY IN RETIREES RECEIVING ADDITIONAL VI LOTTERY BONUSES 
 
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. Our software developer is working with staff to rectify the problems. 
 
The net bonus payments (after taxes) that will be paid in accordance with Act No. 8578 (Bill No. 
34-0167) are: FY 2018 - $108.92, FY 2019 - $100.20, and FY 2020 - $156.61. 
  
 
The beneficiaries of the deceased retirees will receive their payments. The GERS will advise the 
retirees when the bonus payments will be released.  
  
438 Kronprindsens Gade | GERS Complex – Ste. 1 | St. Thomas, VI  00802-5720 | 340.776.7703  
 
3004 Estate Orange Grove – Ste. 1 | Christiansted, VI 00820-4260 | 340.718.5480  
www.usvigers.com  
  
  
  
  
  
  
  
  
  
OF  THE  V IRGIN  I SLANDS