Marcia A. Crawford and her recently retired husband moved from Nevada to the Mississippi Gulf Coast 10 months prior to Hurricane Katrina after conducting an extensive search for a home for their retirement. The couple has been very pleased with the small, streamside cottage on an acre of wooded land they purchased, and Crawford now [...] [...]
JACKSON — Attorney General Jim Hood has sent a letter to Pat Robertson, executive director of the Public Employees Retirement System (PERS), giving his opinion on possible changes and/or recommendations from the PERS Study Commission. Hood wrote that whatever changes might be considered or recommended, the “law requires the state to honor the commitment it [...] [...]
PASCAGOULA — Insurance Commissioner Mike Chaney said his office is looking into a complaint that a retiree benefit advisor in the Pascagoula school system steered retirees to private plan she was selling. Chaney told The Mississippi Press that the complaints allege Jackie Theisen, the Pascagoula district’s retiree benefit advisor, was soliciting district retirees to switch [...] [...]
WASHINGTON — A report on the financial condition of the Medicare and Social Security programs contends the Obama administration’s sweeping healthcare overhaul will extend the life of the Medicare hospital insurance fund by 12 years — an assertion that Medicare’s top numbers-cruncher disputed. The report acknowledged in its own right that the brighter outlook for [...] [...]
WASHINGTON — Medicare and Social Security — the foundation of a secure retirement — are facing strains from an aging population and an economy that can’t seem to get out of low gear. And despite assertions to the contrary by the Obama administration, the new healthcare law doesn’t improve Medicare’s solvency by much. As the [...] [...]
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