Posts Tagged ‘retirement’

PERS director opposes change to provisions of ’13th check’

JACKSON — The head of the Mississippi Public Employees Retirement System says she opposes a bill that would make state and local government retirees wait until they’re 65 to collect an annual cost-of-living adjustment known as the “13th check,” even if they retire years earlier. “The unintended consequences of that bill would be very detrimental […] [...]

Wiseman retiring after nearly 30 years with Stennis Institute

STARKVILLE — Dr. Marty Wiseman, executive director of the John C. Stennis Institute of Government & Community Development at Mississippi State University, will retire Dec. 31. The school and Wiseman made the announcement yesterday. Wiseman’s work has focused on public administration and Mississippi government. A native Mississippian, he received his Ph.D. from Mississippi State University […] [...]

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: […] [...]

Personnel Board exec: State workers growing old

JACKSON — One-third of Mississippi state government’s workforce will be eligible for retirement in the next five years. Deanne Mosley, executive director of the state Personnel Board, said the employees nearing retirement age are many of the state’s leaders and supervisors. “They have an incredible amount of institutional knowledge,” Mosley told legislative leaders recently. One […] [...]

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 […] [...]

After abrupt retirement, Mississippi Power still paying Day as consultant

GULFPORT — Even though Ed Day retired abruptly as Mississippi Power’s president earlier this year, he’s still getting paid. Day is being paid $150,000 a year for three years as a consultant, according to a stock filing by the Southern Co., the Atlanta-based parent of Mississippi Power. That’s in addition to his company retirement. The […] [...]

State ranks at bottom of national life-expectancy study

ATLANTA — If you’re 65 and living in Hawaii, here’s some good news: Odds are you’ll live another 21 years. And for all but five of those years, you’ll likely be in pretty good health. Hawaii tops the charts in the government’s first state-by-state look at how long Americans age 65 can expect to live, […] [...]

More than 200 employees take early retirement from BancorpSouth

TUPELO — BancorpSouth Inc. has released the final results of the company’s previously announced voluntary early retirement program, which was offered to certain employees as a part of ongoing efforts to improve efficiency and operating performance.  All responses were due, subject to applicable rescission rights, on or before May 23. Of the 418 employees who […] [...]

State agency continues to lose top executives

BILOXI — Another top official at the Mississippi Department of Marine Resources has announced he’s leaving. The Sun Herald reports Danny Guice, who had been interim director of the agency after DMR executive director Bill Walker was fired in January, announced to the staff last week he would be retiring, effective June 30. The agency […] [...]

Mayor to opt out of second term and retire

BROOKHAVEN — Mayor Les Bumgarner says he won’t seek re-election to a second term. Bumgarner cited his long record of government service, his age — he’s 65 — and family and personal reasons for the decision. Bumgarner told The Daily Leader he intends to try to enjoy himself in retirement. It’s unclear who will run […] [...]

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