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Tag Archives: Public Employee Retirement System of Mississippi

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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Public retirement system study panel urges cost-of-living freeze

A three-year moratorium on cost of living allowances, or COLAs, for Mississippi’s retired public employees is a key recommendation of a report that will be released by Gov. Haley Barbour Wednesday. The moratorium recommended by a Barbour-appointed study commission could save the Public Employees Retirement System of Mississippi about $40 million annually for three years but would deprive about 80,000 ...

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