Posts Tagged ‘retirement’

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 […] [...]

PERS reverses refusal to release meeting minutes

An agreement by the Public Employees’ Retirement System of Mississippi to release minutes of its Oct. 23 meeting has led the Mississippi Business Journal to withdraw a state Ethics Commission complaint it made against PERS. PERS executive director Pat Robertson initially ordered her staff to refuse the release of the minutes until they could be […] [...]

Joint legislative report raises points of contention

by Published: January 18,2013

Tags: PERS, retirement, Ted Carter

A new joint legislative report suggests several state agencies study whether the state can — or should — sweeten incentives used to attract and retain workers. The Joint Legislative Committee on Performance Evaluation and Expenditure Review, or PEER, says the state needs to examine its employee benefit offerings “in preparation for an uncertain future.” With […] [...]

Study: Capital City’s pension plan one of worst in U.S.

JACKSON — Sixty-one key cities across America, including Jackson, have emerged from the Great Recession with a gap of more than $217 billion between what they had promised their workers in pensions and retiree health care and what they had saved to pay that bill, according to a report released by The Pew Charitable Trusts. The […] [...]

PEER recommends changes to PERS administration

JACKSON — The PEER Committee has released a report on its review of the Public Employees’ Retirement System of Mississippi (PERS). The scope and purpose of this report is to provide a comprehensive look into the decision-making processes of the PERS board of trustees, its staff and its contractual advisors to determine whether the PERS […] [...]

Port commissioner resigns; term ran through 2015

GULFPORT — State port commissioner Frances Turnage has resigned from the five-member board. Commission president Jim Simpson tells the Sun Herald that Turnage emailed late Friday about her resignation. Simpson says she has retired from Mississippi Power and intends to relocate to be nearer her grandchildren. She will no longer be living in Harrison County. […] [...]

« Previous Page Next Page »

Recent Posts

Polls

How ready is your business for health care reform?

View Results

The MBJ poll should not be considered a scientific one. Results reflect only the opinion of those who participate.

Loading ... Loading ...

Recent Comments