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Tag Archives: benefits

Entergy expects lower earnings during third quarter

NEW ORLEANS — Entergy Corporation expects third quarter 2012 as-reported earnings of approximately $1.88 per share and operational earnings of approximately $1.94 per share, the New Orleans-based utility reports. Results for third quarter 2011 were $3.53 per share on both an as-reported basis and an operational basis, which included significant benefits associated with a settlement with the Internal Revenue Service. ...

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Employees to protest new health insurance plan at meeting

JACKSON — Hinds County employees plan to protest the board of supervisor’s choice of a health insurance plan for the county. Employees are being urged to make today’s meeting to voice their concerns over a policy approved Oct. 1 that will lower their current $5,000 deductible to either $500 or $1,000 but will raise their monthly premium for a single ...

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Governor says health care reform is hurting state's economy

JACKSON — Gov. Phil Bryant says the 2010 federal health care overhaul is slowing Mississippi’s economy because business owners are confused about how much it will cost them to meet demands of the law. “The Obama administration has not done a very good job of giving companies some encouragement of investing in their corporations, expanding them to try to move ...

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Bryant orders agencies to not provide benefits to certain immigrants

JACKSON — Gov. Phil Bryant is ordering state agencies not to provide public benefits to immigrants who recently received deferred deportation status from the federal government. Republican Bryant issued an executive order today, hours before a GOP-led state House committee was to meet about immigration issues. He has received support from tea party groups for years by saying he wants ...

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Palazzo opposes Medicaid expansion to cover health care reform

HATTIESBURG — Freshman U.S. Rep. Steven Palazzo says Mississippi should not expand Medicaid to cover more people under the federal health care overhaul. Speaking to constituents at a luncheon in Hattiesburg, Palazzo said he agrees with Gov. Phil Bryant, a fellow Republican, that the state can’t afford to expand Medicaid, even with the federal government paying the full cost of ...

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Supervisors OK refinancing of bonds, could save $900K

HERANADO — DeSoto County supervisors have approved refinancing $22 million in 2004 general obligation bonds, a move that could save $900,000. The Commercial Appeal reports the board also approved a health coverage pact for county employees. The new plan keeps rates flat. The current interest rate the county must pay from 2015 to 2024 ranges from 4.25 to 5 percent. ...

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RETIREMENT VERDICT — Study panel says report is prescription for sustaining state public workers’ retirement

The strategy is to structure benefits consistent with a  policy that encourages workers to stay on the job until age 62 “All the cards are on the table face up.” So went the pronouncement of Gov. Haley Barbour last week in detailing a 40-page report that calls for saving over $100 million annually in taxpayer contributions to the Public Employees ...

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PERS Study Commission cannot hit report deadline

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 Study Commission has advised me ...

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Lawmaker considering subpoena of Schloegel

JACKSON — A top Mississippi lawmaker says budget writers deserve to hear directly from the leader of a governor’s commission that’s studying the Public Employees Retirement System. House Banking Committee Chairman George Flaggs, D-Vicksburg, says he’s considering issuing a subpoena for Gulfport Mayor George Schloegel, the man appointed by Republican Gov. Haley Barbour to study PERS. Flaggs said he wants ...

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PERS: An unnecessary predicament

The growing tempest enveloping the Public Employees Retirement System of Mississippi (PERS) did not have to happen. That is not to say that its current status as being 65 percent funded should not be given some attention. Nevertheless, as has been pointed out a number of times, the Mississippi system is in relatively good health, but prudence would call for ...

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