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Tag Archives: retirees

Certified Retirement Communities program has big impact on economy and social fabric of the state

Marcia A. Crawford and her recently retired husband moved from Nevada to the Mississippi Gulf Coast 10 months prior to Hurricane Katrina after conducting an extensive search for a home for their retirement. The couple has been very pleased with the small, streamside cottage on an acre of wooded land they purchased, and Crawford now works to tell others about ...

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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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Hood renders opinion on possible PERS changes

JACKSON — Attorney General Jim Hood has sent a letter to Pat Robertson, executive director of the Public Employees Retirement System (PERS), giving his opinion on possible changes and/or recommendations from the PERS Study Commission. Hood wrote that whatever changes might be considered or recommended, the “law requires the state to honor the commitment it has made to hundreds of ...

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Chaney looking into actions of benefit advisor

PASCAGOULA — Insurance Commissioner Mike Chaney said his office is looking into a complaint that a retiree benefit advisor in the Pascagoula school system steered retirees to private plan she was selling. Chaney told The Mississippi Press that the complaints allege Jackie Theisen, the Pascagoula district’s retiree benefit advisor, was soliciting district retirees to switch their state health benefits to ...

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Healthcare reform: Good for retirees or not?

WASHINGTON — A report on the financial condition of the Medicare and Social Security programs contends the Obama administration’s sweeping healthcare overhaul will extend the life of the Medicare hospital insurance fund by 12 years — an assertion that Medicare’s top numbers-cruncher disputed. The report acknowledged in its own right that the brighter outlook for Medicare assumes achievement of significant ...

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Medicare and Social Security: Prognosis — guarded

WASHINGTON — Medicare and Social Security — the foundation of a secure retirement — are facing strains from an aging population and an economy that can’t seem to get out of low gear. And despite assertions to the contrary by the Obama administration, the new healthcare law doesn’t improve Medicare’s solvency by much. As the government released its annual financial ...

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