act 6905
Post on 01-Dec-2014
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By Request (Gov. Turnbull)Sponsors: Lorraine L. BerrySubject: An Act authorizing the issuance of Pension Obligations Bonds; amending the Retirement System Reform Act 3 V.I.C., chapter 27 by establishing a new retirement program for members of the Legislature and establishing a Supplemental contribution Program; amending 3 V.I.C. section 1 and 31 to increase the governors salary to $150,000 and the Lt. Governors to $125,000; amending 2 V.I.C., section 71 to increase the salaries of the members of the Legislature; authorizing the issuance of a grarantee to Golden Gaming LLLP, ratifying illegal contracts making appropriations and for other purpose
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