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Tag Archives: retirement

PERS director opposes change to provisions of '13th check'

JACKSON — The head of the Mississippi Public Employees Retirement System says she opposes a bill that would make state and local government retirees wait until they’re 65 to collect an annual cost-of-living adjustment known as the “13th check,” even if they retire years earlier. “The unintended consequences of that bill would be very detrimental to the system,” PERS director ...

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Wiseman retiring after nearly 30 years with Stennis Institute

STARKVILLE — Dr. Marty Wiseman, executive director of the John C. Stennis Institute of Government & Community Development at Mississippi State University, will retire Dec. 31. The school and Wiseman made the announcement yesterday. Wiseman’s work has focused on public administration and Mississippi government. A native Mississippian, he received his Ph.D. from Mississippi State University and has been at MSU ...

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BILL CRAWFORD: There is no political will to fix PERS

By Bill Crawford Ask your favorite state or local officials if they have seen this statement: “A contribution rate of 16.29% of active members’ compensation for the 2014/2015 fiscal year would be needed in order to keep the anticipated accrued liability payment within 30 years in accordance with GASB Statements 25 and 27.” It’s at the bottom of Page One ...

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Is PERS in better financial shape or not? Depends on accounting

JACKSON — Mississippi’s public employee pension fund saw its financial position improve last year. Or it didn’t. It’s all in the accounting. And depending on which set of numbers you look at, results for the Public Employees Retirement System are either negative or positive for the 12 months ended June 30. The negative take first: Like most pension funds, actuaries ...

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Personnel Board exec: State workers growing old

JACKSON — One-third of Mississippi state government’s workforce will be eligible for retirement in the next five years. Deanne Mosley, executive director of the state Personnel Board, said the employees nearing retirement age are many of the state’s leaders and supervisors. “They have an incredible amount of institutional knowledge,” Mosley told legislative leaders recently. One of the issues that could ...

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Ex-coroner pleads guilty to two counts of fraud; retirement frozen

UNION COUNTY — Former Union County Coroner Mark Golding pled guilty to a bill of information and was sentenced at the Tippah County Courthouse, according to State Auditor Stacey Pickering. Golding pled guilty to two counts of fraud by a public official and was sentenced to five years for each count. For each count, three years will be suspended and ...

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State ranks at bottom of national life-expectancy study

ATLANTA — If you’re 65 and living in Hawaii, here’s some good news: Odds are you’ll live another 21 years. And for all but five of those years, you’ll likely be in pretty good health. Hawaii tops the charts in the government’s first state-by-state look at how long Americans age 65 can expect to live, on average, and how many ...

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More than 200 employees take early retirement from BancorpSouth

TUPELO — BancorpSouth Inc. has released the final results of the company’s previously announced voluntary early retirement program, which was offered to certain employees as a part of ongoing efforts to improve efficiency and operating performance.  All responses were due, subject to applicable rescission rights, on or before May 23. Of the 418 employees who were eligible to participate in ...

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State agency continues to lose top executives

BILOXI — Another top official at the Mississippi Department of Marine Resources has announced he’s leaving. The Sun Herald reports Danny Guice, who had been interim director of the agency after DMR executive director Bill Walker was fired in January, announced to the staff last week he would be retiring, effective June 30. The agency is the focus of ongoing ...

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