Rating agencies keeping a close eye on state’s pensions
by Ted Carter Published: November 30,2012
Tags: credit rating, Fitch ratings, Mississippi, Moody's Investor Services, PERS, public employees, retirement pensions, Standard & Poor's, unfunded liability
Mississippi state government ended fiscal 2012 with the same solid credit ratings with which it started the year. Whether the Magnolia State maintains its strong credit in the years to come could hinge on the effectiveness of measures to fund the Public Employees’ Retirement System of Mississippi, or PERS. The pension funding picture is expected [...] [...]
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