Posts Tagged ‘Mississippi Public Employees Retirement System’

PERS director opposes change to provisions of ’13th check’

JACKSON — The head of the Mississippi Public Employees Retirement System says she opposes a bill that would make state and local government retirees wait until they’re 65 to collect an annual cost-of-living adjustment known as the “13th check,” even if they retire years earlier. “The unintended consequences of that bill would be very detrimental […] [...]

OPINION: This not a good year to fiddle with PERS, lawmakers decide

by Ted Carter Published: May 20,2012

Tags: Haley Barbour, Mississippi Public Employees Retirement System, PERS

Legislators lived up to expectations that changes to the $20 billion Mississippi Public Employees Retirement System, or PERS, would be too politically radioactive to take on this past session. Gov. Haley Barbour left office in January with an urgent call for lawmakers to reform a system he said was inching toward placing a $1 billion […] [...]

Changing PERS board’s makeup could spark high-profile 2012 fight

Altering retirement ages of Mississippi’s public workers and temporally freezing retiree cost of living raises are not the only likely flashpoints ahead in this year’s Legislature. Look for equal volatility over proposals for an increased private-sector presence on the board of trustees of the Mississippi Public Employees Retirement System and increased oversight of the trust […] [...]

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