Mississippi Business Journal » pension http://msbusiness.com Mississippi Business Journal Sun, 19 May 2013 19:38:25 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Study: Capital City’s pension plan one of worst in U.S. http://msbusiness.com/blog/2013/01/17/study-capital-citys-pension-plan-one-of-worst-in-u-s/?utm_source=rss&utm_medium=rss&utm_campaign=study-capital-citys-pension-plan-one-of-worst-in-u-s http://msbusiness.com/blog/2013/01/17/study-capital-citys-pension-plan-one-of-worst-in-u-s/#comments Thu, 17 Jan 2013 16:36:38 +0000 MBJ Staff http://msbusiness.com/?p=68313 JACKSON — Sixty-one key cities across America, including Jackson, have emerged from the Great Recession with a gap of more than $217 billion between what they had promised their workers in pensions and retiree health care and what they had saved to pay that bill, according to a report released by The Pew Charitable Trusts. The [...]

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]]> http://msbusiness.com/blog/2013/01/17/study-capital-citys-pension-plan-one-of-worst-in-u-s/feed/ 0 TVA’s pension fund shortfall affecting ratepayers http://msbusiness.com/blog/2012/10/15/tvas-pension-fund-shortfall-affecting-ratepayers/?utm_source=rss&utm_medium=rss&utm_campaign=tvas-pension-fund-shortfall-affecting-ratepayers http://msbusiness.com/blog/2012/10/15/tvas-pension-fund-shortfall-affecting-ratepayers/#comments Mon, 15 Oct 2012 13:33:12 +0000 Associated Press http://msbusiness.com/?p=63858 NORTH MISSISSIPPI — A shortfall in the Tennessee Valley Authority’s pension fund is affecting electric ratepayers. The Chattanooga (Tenn.) Times Free Press reports TVA has added nearly $1.3 billion from customers to the find since 2008 when investment markets tanked. However, the federal utility didn’t add any money to the fund in 2012. CFO John [...]

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]]> http://msbusiness.com/blog/2012/10/15/tvas-pension-fund-shortfall-affecting-ratepayers/feed/ 0 State delaying full funding of pension plan for six months http://msbusiness.com/blog/2011/04/10/state-delaying-full-funding-of-pension-plan-for-six-months/?utm_source=rss&utm_medium=rss&utm_campaign=state-delaying-full-funding-of-pension-plan-for-six-months http://msbusiness.com/blog/2011/04/10/state-delaying-full-funding-of-pension-plan-for-six-months/#comments Sun, 10 Apr 2011 06:00:31 +0000 Ted Carter http://msbusiness.com/?p=39648 Legislators inserted funding in recently passed appropriations, including state’s full 12.9 percent contribution starting Jan. 1 Mississippi’s public employee retirement system took a hit this legislative session but not the full scale blow for which its managers had been bracing. The retirement system must wait six months for the state to begin handing over a [...]

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