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St. Thomas GERS building (Source photo by Don Buchanan)

GERS Board Recommended Benefit Cut Effective Jan. 1

The board of the Government Employees Retirement system has recommended a 42 percent reduction in practically all benefit payments. The reduction would take effect on Jan. 1.

GERS Hears Plan to Save the System, Including Steep Cuts

The Government Employees Retirement System trustees heard a plan to save the failing pension system, but it will take 20 years and see present retirees’ monthly checks cut by 44 percent.

COVID-19 Costing V.I. Tourism Tens of Millions

Tens of millions of dollars in revenue for the Virgin Islands are practically up in smoke as the COVID-19 pandemic forced cruise ship cancellations, a ban on hotel stays and a stay-at-home order that all but cut off the territory’s lifeblood: tourism.

WICO Board Grapples With Planned Termination of Havensight Management

The bulk of a meeting of the Board of Directors of the West Indian Company Thursday was taken up by unresolved issues related to the decision by the Government Employees Retirement System to terminate WICO as manager of Havensight Mall.
Xcape is at Havensight’s Plaza Shopping Center, formerly Al Cohen’s Mall, where a set of double doors and a large sign let participants know they have arrived. (Source photo by Bethaney Lee)

‘Xcape’ Escape Room Pops Up on STT

A new adventure has made its debut on the island of St Thomas and allows participants to experience what it’s like to be a pirate and go on their very own treasure hunt. Xcape, whose parent company is Xelestial Rain Entertainment, has created a pop-up escape room.
A rack full of blue mugs sits ready to be used by employees who create handcrafted brews for customers.

V.I. Coffee Roasters Expands from Warehouse on STT

Since the beginning of May, owners Smith and Cathy Smith have expanded their wholesale business and opened their own coffee shop in Havensight, supplying St. Thomas residents with artisanal brews that are custom blended on site.

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