Refinancing Deal Gives Hope for U.S. Virgin Islands Public Pension Plan
Posted on 02/13/2022
Governor Albert Bryan Jr. of the U.S. Virgin Islands signed a bill February 9, 2022 to refinance more than US$ 800 million worth of bonds. The government is trying to save a public pension system that is on the verge of collapse. The savings from improved interest rates are aimed to stabilize the pension system. […]
