Directors of state departments and agencies must find a way to pay for a 10.4 percent increase in the employer share of the PERS of Mississippi retirement starting in July. Legislators have withheld the approximately $62 million needed to pay for the increased share of the retirement fund and left department heads to sift through [...] [...]
In a move that will make everyone who works for Mississippi feel better, state government will be asked to put $44 million more into the Mississippi retirement system next year to shore up the program for an estimated 30 years, the system director has told lawmakers. Pat Robertson, executive director of the Public Employees Retirement [...] [...]
JACKSON — The wait for the report from the Public Employees’ Retirement System (PERS) Study Commission will be longer than expected. The Governor’s Office announced the Nov. 15 deadline would be missed. The statement from the governor reads: “Due to the complicated nature of the review of the state Public Employees’ Retirement System, the PERS [...] [...]
JACKSON — Gov. Haley Barbour says he’s calling a special session for lawmakers to consider increasing the amount that state employees pay toward their own retirement. The special session begins at 1 p.m. Thursday and is taking place within the regular session already under way. Barbour made the announcement less than three hours before the [...] [...]