Darren Taylor Named President and CEO of Government Employees
Darren Taylor Named President and CEO of Government Employees ..
Government Employees
Real Estate · U.S. Virgin Islands · 190 Employees
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About
Headquarters
#3005 Orange Grv Lot 5, Christiansted, Vi, 0082...Phone Number
(340) 718-5480Website
www.usvigers.comRevenue
$33.8 MillionIndustry
Most Recent Scoops
Apr 21 2023
Project
Apr 21 2023
Project
A mid-level source in Health & Safety has indicated that the organization is in the midst of initiatives related to employee retention.
Who is Government Employees
To administer the retirement benefit plan for government employees, elected public officials and retirees as mandated by law in a professional andprudent manner; to manage the Retirement Fund assets and to maximize investment returns. The Government Employees' Retirement System of the Virgin Islands (GERS), enacted by the Third Legislature of the Virgin Islands on June 24, 1959 by Act 479, was created as a defined benefit pension plan for officials and employees of the Government of the Virgin Islands, and for their dependents and beneficiaries, for the payment of retirement annuities, disability annuities and other benefits. It is today one of the oldest pension systems under the American flag. The statutory mandate of GERS is to enroll government employees immediately upon being employed with the Virgin Islands Government, as a condition of their employment. The objective is to encourage employees that are employed by the government to remain with the Government by establishing an orderly means whereby members who become superannuated or incapacitated as a result of disability, may retire without suffering economic hardship. Originally combined with the Division of Personnel, GERS, through legislation in June 1987, became an independent quasi agency of the Government of the Virgin Islands responsible for its operation which is governed by a Board of Trustees. Today, GERS serves an estimated 8,680 retirees and pensioners and an estimated 8,700 active members. It is further estimated that GERS has served approximately 22,000 members since operations began in 1959. Considered one of the most significant investments of the GERS, on June 30, 1993, the System purchased the Havensight Shopping Mall for $32 million. Recently, the value of this property has been appraised at 41 million as of October 23, 2014. The Havensight Shopping Mall, which sits on the WICO property, is a premier tourist destination in St. Thomas and is referred by many as the "Gem of the Caribbean." Other real estate investments include the ...Read more
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Most Recent Scoops
Apr 21 2023
Project
Compensation & Benefits, Employee Relations, Workforce Management, Safety
Apr 21 2023
Project
Employee Engagement, Employee Relations, Employee Retention, Safety
Apr 21 2023
Project
A mid-level source in Health & Safety has indicated that the organization is in the midst of initiatives related to employee retention.
Employee Retention, Safety
Apr 21 2023
Project
A mid-level source in Health & Safety has indicated that the organization is in the midst of initiatives related to manager self-service (MSS).
HRIS, Machine Learning, Employee Relations, Workforce Management, Safety
Apr 21 2023
Project
A mid-level source in Health & Safety has indicated that the organization has completed initiatives related to security systems within the last nine months.
Information Security, Infrastructure, Cyber Security, Security, Safety
Government Employees News & Media
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Frequently Asked Questions Regarding Government Employees
To administer the retirement benefit plan for government employees, elected public officials and retirees as mandated by law in a professional and prudent manner; to manage the Retirement Fund assets and to maximize investment returns. The Government Employees' Retirement System of the Virgin Islands (GERS), enacted by the Third Legislature of the... Read More
