ST. THOMAS -- The Director Designee of the Division of Personnel, Milton Potter, has issued a press release advising all employees of the Government of the Virgin Islands (GVI), that an additional 2 percent will be withheld from employees' checks on October 29, 2015.
According to the release, issued late Thursday, on January 1, 2015, Tier I rates were changed from 8.0% to 9.0% for regular employees, and from 10.0% to 11.0% for hazardous employees.
On February 5, 2015, Tier II rates were changed from 8.5% to 9.5% for regular employees and 10.625% to 11.625% for hazardous employees.
Based on these mandates, the GERS informed the Division of Personnel that Tier I employees should have seen the increases reflected on their January 8, 2015 paychecks, while increases on the paychecks of Tier II employees should have been reflected on their February 5, 2015 paychecks.
However, the increased deductions for both Tiers of employees were implemented on their February 19, 2015 paychecks. This caused three increased deductions to be missed for Tier I employees and one missed increased deduction for Tier II employees.
Aside from the upcoming October 29 deduction, in order to make up for the missing employee contributions stated above, the GERS and the Division of Personnel agreed to deduct an additional 1% from each employee’s paycheck on the third pay period of the month of April. This was meant to minimize any negative impact on the employees.
For more information, contact Personnel at Tel: 774-8588 / Fax: 714-5040.
