Business Blog

A facilities study that could guide the State of Mississippi’s policies for accommodating its office and other operational needs is expected to be completed before the Christmas holidays. International commercial real estate firm Cushman & Wakefield is wrapping up work on the second part of a study whose initial phase led to a recommendation to [...]

Panel studying possible changes to state retirement system benefits Upgrades in retirement benefits granted to Mississippi’s public sector workers a decade ago could get rolled back as the state, its cities, counties and school districts struggle to stay financially afloat. Citing an “unsustainable” burden on Mississippi taxpayers inching toward $1 billion annually, Gov. Haley Barbour [...]

The head of the Public Employees Retirement System of Mississippi says the $20.7-billion retirement trust fund is constitutionally protected but she doubts the benefits of retirees and public sector workers enrolled in the plan have the same protections. “However, this could be debated,” said Pat Robertson, PERS executive director. She cited a 1986 amendment to [...]