Posts Tagged ‘Public Employees Retirement System’

Graham reaches out-of-court settlement in training-pay case

JACKSON — State Auditor Stacey Pickering reports that an out-of-court settlement has been agreed to with Hinds County Supervisor Robert Graham involving litigation concerning Graham’s conducting training while employed by the Jackson Police Department. As part of the settlement, Graham will transfer 91 days of his accumulated unused uncompensated personal and major medical leave to […] [...]

PERS unveils new, redesigned web site

JACKSON — The Public Employees’ Retirement System of Mississippi (PERS) has re-launched its redesigned website (www.pers.ms.gov). The new site features a fresh modern look, a new web address and updated navigation to enhance user experience. The website redesign is completely responsive so text and images are easily seen on a computer, tablet or mobile device. […] [...]

Session shows divide between Democrats, Republicans

JACKSON — Democrats are starting their third year as the minority party in both chambers of the Mississippi Legislature, and they’re not making life easy for Republicans. The first big House debate of the year was over a welfare drug-testing bill pushed by Republican Gov. Phil Bryant. The four-hour fight demonstrated that Republicans have enough […] [...]

Is PERS in better financial shape or not? Depends on accounting

by Associated Press Published: November 18,2013

Tags: accoounting, pension, Public Employees Retirement System, retirement, State of Mississippi

JACKSON — Mississippi’s public employee pension fund saw its financial position improve last year. Or it didn’t. It’s all in the accounting. And depending on which set of numbers you look at, results for the Public Employees Retirement System are either negative or positive for the 12 months ended June 30. The negative take first: […] [...]

Ex-coroner pleads guilty to two counts of fraud; retirement frozen

UNION COUNTY — Former Union County Coroner Mark Golding pled guilty to a bill of information and was sentenced at the Tippah County Courthouse, according to State Auditor Stacey Pickering. Golding pled guilty to two counts of fraud by a public official and was sentenced to five years for each count. For each count, three […] [...]

The PERS standoff

The year ended with out-going Gov. Haley Barbour tossing the Mississippi Legislature a plan for revamping the $20 billion Public Employees Retirement System — a hot potato capable of burning politicians on both sides of the issue. The PERS issue is a clear choice for designation among the Mississippi Business Journal’s “Stories of the Year.” […] [...]

Union lawyer, PERS chief: Options are limited

by Ted Carter Published: August 21,2011

Tags: Pat Robertson, PERS, Public Employees Retirement System, retirement trust fund

The head of the Public Employees Retirement System of Mississippi says the $20.7-billion retirement trust fund is constitutionally protected but she doubts the benefits of retirees and public sector workers enrolled in the plan have the same protections. “However, this could be debated,” said Pat Robertson, PERS executive director. She cited a 1986 amendment to […] [...]

State delaying full funding of pension plan for six months

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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