79.6 F
Cruz Bay
Sunday, January 29, 2023

HomeNewsArchivesAARP Agrees and Disagrees with Gov. Turnbull

AARP Agrees and Disagrees with Gov. Turnbull

Dear Source:
The St. Thomas Chapter #3138 of AARP Virgin Islands accepts the belated efforts of the Turnbull Administration to help reduce the financial hemorrhaging of the Government Retirement System (GERS) by proposing floating of bonds to reduce the unfunded liability. However, we will resist any further assault on the system such as the raising of the current caps, which we believe, will only neutralize any positive effects of the bond issue. We urge all retirees, AARP members and employees of the government to join in the protest on Tuesday November 28, 2006 at 10 a.m. in the Emancipation Garden from where we will walk over to the Capitol Building and observe silently the Senate in action.
J. J. Estemac
St. Thomas

Editor's note: We welcome and encourage readers to keep the dialogue going by responding to Source commentary. Letters should be e-mailed with name and place of residence to source@viaccess.net.

Print Friendly, PDF & Email
Keeping our community informed is our top priority.
If you have a news tip to share, please call or text us at 340-228-8784.




Support local + independent journalism in the U.S. Virgin Islands

Unlike many news organizations, we haven't put up a paywall – we want to keep our journalism as accessible as we can. Our independent journalism costs time, money and hard work to keep you informed, but we do it because we believe that it matters. We know that informed communities are empowered ones. If you appreciate our reporting and want to help make our future more secure, please consider donating.