Ronald Russell, a member of the Board of Trustees of the Government Employees' Retirement System, on Friday was not in support of a proposed plan that proponents say will fully or substantially fund the pension system to a point where solvency will be taken off the table. Mr. Russell, a former senator, was referring to a joint proposal that will allow for the refinancing and restructuring of a significant portion of the debt of the government of the Virgin Islands at current market interest rates to free up critically needed revenues to stabilize G.E.R.S. G.E.R.S. is forecast to become insolvent by 2024, and the proposed legislation should finally address a problem that has vexed the territory for years, said the Bryan administration late December. Mr. Russell placed his stance on record while listening to G.E.R.S. Board Chairman Nellon Bowry justify…