Posts Tagged ‘retirement’

School Superintendent Kuykendall to retire after 12 years

HERNANDO — Milton Kuykendall, superintendent of DeSoto County Schools for the past 12 years, will retire when his term expires in December 2015. The superintendent in DeSoto County is an elected position. Kuykendall, 67, said in a statement yesterday he announced his retirement now to allow plenty of time for anyone wanting to run for […] [...]

Supervisors unclear on Singing River’s financial, pension issues

PASCAGOULA — After meeting with officials with Singing River Health System yesterday, Jackson County supervisors are still unclear about financial and pension funding problems. “We are taking all the steps we need to do to gather all the information to find out what happened, why it happened and to make sure this type of problem […] [...]

Singing River discontinuing defined-payment retirement plan

PASCAGOULA — Singing River Health System is dropping a defined-benefit retirement plan for employees. CEO Kevin Holland said the hospital can’t afford the $18 million to $20 million a year it takes to fund the current pension plan. What will replace it hasn’t been determined. Employees were notified Friday by email. Singing River Health System […] [...]

Actuaries: Improving stock market boosts PERS’ results

JACKSON — With stock market gains replacing steep losses in the accounting ledger, Mississippi’s main public employee pension fund posted stronger results last year. Actuaries reported yesterday to the board of the Public Employees Retirement System that the funding percentage — the share of future obligations covered by current assets — rose to 61 percent […] [...]

State’s seniors replace more pre-retirement income than those in most other states

ACROSS MISSISSIPPI — Senior citizens in 49 of 50 states aren’t replacing enough of their pre-retirement income, according to a new Interest.com study. Many financial experts say retirees need at least 70 percent of the income they earned in their working years, but only seniors in Washington, D.C., and Nevada are meeting that threshold. Massachusetts’ […] [...]

Travis retiring as head of Mississippi World Trade Center

JACKSON — Barbara Travis is retiring today after 13 years as the executive director of the Mississippi World Trade Center. The Mississippi World Trade Center is a nonprofit organization that fosters international trade and economic growth in Mississippi and the Mid-South region. The center was created in 2001 and Travis was its first executive director. […] [...]

Community college board exec Eric Clark to retire

JACKSON — Mississippi Community College Board Executive Director Eric Clark will retire at the end of June 2015. Since 2008, Clark has led the board that coordinates the operations of the state’s 15 community colleges, which are governed by local boards. Clark, 63, made the announcement during a state board meeting. He told The Associated […] [...]

Keeton to retire next year as head of UMMC

JACKSON — The head of the University of Mississippi Medical Center has announced his retirement. Dr. James Keeton said today that he will retire as of June 30, 2015. Keeton, a pediatric urologist, has been vice chancellor of health affairs and dean of the University of Mississippi School of Medicine since July 2009. He’s worked […] [...]

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 […] [...]

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