Governor Calls Special Session

By: The Associated Press
By: The Associated Press

Mississippi Governor Haley Barbour says he's calling a special session for lawmakers to consider increasing the amount that state employees pay toward their own retirement.

The special session is taking place within the regular session already underway. Barbour made the announcement less than three hours before the special session was set to begin.

He said he wants educators and employees of state and local governments to pay nine percent of their paychecks toward retirement. That would be an increase from the current seven-and-a-quarter percent.

Barbour says if the change is not made, $70 million could be lost from the state general fund to shore up the pension fund. He says that could translate into layoffs for up to 1,000 employees.

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