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Tag Archives: actuary

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 as of June 30 from ...

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Future of prepaid college tuition program still in limbo

JACKSON — It’s still unclear whether Mississippi’s prepaid college tuition plan will reopen for additional enrollments, or when that might happen. But if the plan does reopen, price increases of at least 20 percent could be needed to keep the plan afloat. The board that runs the Mississippi Prepaid Affordable College Tuition plan voted yesterday to ask actuaries to prepare ...

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