The board of trustees of the $20-billion Public Employees’ Retirement System of Mississippi (PERS) trust fund has agreed to up the state’s contribution to the plan in 2014 in hopes of reversing a slide in the funded portion of the trust’s liabilities. The move follows a composite loss of $1.87 billion for fiscal 2012 and [...] [...]
So went the pronouncement of Gov. Haley Barbour last week in detailing a 40-page report that calls for saving over $100 million annually in taxpayer contributions to the Public Employees Retirement System of Mississippi. Much of the savings would come through increases in retirement ages, changes in the way retirement benefits are calculated and freezing [...] [...]
The growing tempest enveloping the Public Employees Retirement System of Mississippi (PERS) did not have to happen. That is not to say that its current status as being 65 percent funded should not be given some attention. Nevertheless, as has been pointed out a number of times, the Mississippi system is in relatively good health, [...] [...]
Dawinna Davis of Jackson has joined the Public Employees’ Retirement System of Mississippi (PERS) as the field representative for Hinds County. Along with Davis, PERS has three other field representatives who cover the north, central, and southern parts of the state. The representatives work directly with PERS-covered agencies through training sessions and seminars to educate [...] [...]
The Public Employees’ Retirement System of Mississippi (PERS) has been awarded the Certificate of Achievement for Excellence in Financial Reporting by the Government Finance Officers Association of the United States and Canada for PERS’ fiscal year 2008 comprehensive annual financial report. This is the 22nd consecutive year that PERS has received this award. Prepared by [...] [...]
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