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Board accepts treasurer and investment reports; portfolio reported near $514.6 million

Government Employees Retirement System of the Virgin Islands Board of Trustees · February 27, 2026
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Summary

The board approved routine minutes and accepted the treasurer's and investment officer's reports. The administrator and officers reported annuity payments, payroll counts, loan-portfolio and rental-collection figures; Investment Officer Henderson said the plan's market value was about $514,600,000 as of Jan. 31, 2026.

The Government Employees Retirement System board accepted routine minutes and approved the treasurer's and investment officer's reports at its Feb. 26 meeting.

Treasurer Jeremiah presented January receipts and disbursement figures: total collections for the month were $14,061,953 and year-to-date collections $108,670,707; total disbursements for January were $24,890,104 and year-to-date $106,254,631. Jeremiah also said the fund showed a net deficit of $10,828,151 in December and a…

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