The Federal Strategy · Section 11

A Rate Frozen in 1999 Cannot Pay for the Promises of Tomorrow.

The rum cover-over is one of the Virgin Islands' most important sources of revenue, pledged to support GERS for decades to come. But a rate set in 1999 no longer reflects today's reality. A permanent $13.25 rate may sound like a victory, yet if it had simply kept pace with inflation, it would be worth roughly $23 today. Locking in yesterday's value does not protect tomorrow's retirees. Leadership is about ensuring future generations inherit something stronger than what we received.

Janelle's Federal Strategy

Modernizing the Formula to Protect Our Future

• Keep $13.25 as the guaranteed minimum rate.
• Modernize the formula so it grows with inflation and market conditions.
• Protect GERS funding and the retirements our people were promised.
• Fight for fair revenue and economic justice for the territory.
• Put long-term stability ahead of short-term wins.