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Charlotte Amalie
Wednesday, July 17, 2024
HomeNewsLocal governmentSenior Citizens Benefit Significantly from Funds Paid Out

Senior Citizens Benefit Significantly from Funds Paid Out

Virgin Islands Lottery

The Virgin Islands Lottery is pleased to announce that it has paid out over $1.4 million in transfers for the second quarter FY 2024 to the Government of the U.S. Virgin Islands, fulfilling its mandates set by law under Title 32 of the V.I. Code.

The Department of Human Services’ Pharmaceutical Assistance Program and the Educational Initiative Fund, which benefits the Virgin Islands Department of Education, received over $550 thousand each, and the Government Employees’ Retirement System (GERS) was paid approximately $367 thousand for retirees’ cost-of-living bonuses.

As the community celebrates Older Americans Month in May, it is important to note that two of the three payments directly benefit our senior citizen population. Gov. Albert Bryan Jr. recognizes the importance of supporting our seniors in this time of economic hardship.

“As we celebrate Older Americans Month, we are reminded of our responsibility and commitment to support our seniors, especially during challenging economic times. The recent disbursement of $1.4 million by the VI Lottery underscores our dedication to enhancing the lives of our elderly, ensuring they receive the benefits they deserve.

These funds do not only acknowledge their lifelong contributions but also reinforce our commitment to improving their quality of life. We remain focused on sustaining these vital programs that offer real help to those living on fixed incomes.”

V.I. Lottery Executive Director Raymond J. Williams expresses his satisfaction and gratitude in accomplishing the goal. “This is what we mean when we say, ‘when you play the VI Lottery, everybody wins!’ We thank our loyal contractors — Southland Gaming and the Caribbean Lottery — for their commitment to ensuring that our community receives the legally required payments.”

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