Posts Tagged ‘Public Employees Retirement System’

The PERS standoff

by Ted Carter Published: December 25,2011

Tags: 12-member study panel, COLAs, cost-of-living increases, MBJ’s Top 5 stories of the year, PERS, PERS trust fund, Public Employees Retirement System

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

by Ted Carter Published: April 10,2011

Tags: Cavanaugh Macdonald Consulting, Pat Robertson, pension, Public Employees Retirement System, Public Retirement System, retirement, Tate Reeves

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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