Senate Approves Pension Change

By: The Associated Press
By: The Associated Press

Mississippi senators have approved the final version of a bill requiring public employees to pay more toward their own retirement.

The bill passed 28-16 Friday and goes to Gov. Haley Barbour, who's expected to sign it into law because he requested it.

For two years starting July 1, educators and employees of state and local governments would have to put 9 percent of their pay into the Mississippi Public Employees Retirement System. That's up from the current 7.25 percent.

Barbour says if workers don't pay more into their own pension, more state tax dollars would be needed to keep the fund solvent.

Opponents say some workers are struggling, and the pension change amounts to a pay cut.

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  • by Anonymous on Apr 28, 2010 at 05:39 AM
    Just an apology, forgive me for whining about the whining.
  • by Anonymous on Apr 27, 2010 at 05:32 AM
    First,I do work for the state & while I am not crazy about this increase I am more interested in keeping the retirement fund in good shape.The state pays in 12% now & employees have not had an increase in their contributions since I have been working for the state,15 years.Most private companies are doing good to match employee contributions.Times are hard for all working people, this is not an unreasonable increase.I do wish they would have done it in two parts to help people get adjusted to it.We all have a choice as to whether we want to work for state government or not.It has some very good things about it & some not so good.How about,let's be glad we have a job.If this bothers you that bad go ahead & quit, you won't have to worry about paying retirement or having insurance or buying any groceries.By the way, we have a defined benefit plan that almost no one has now.I am just tired of people whining.
  • by John Boy Location: Meridian on Apr 26, 2010 at 11:21 AM
    Be Thankful, that was the attitude that plantation owners had about their slaves in the "old south." They had free room and board, and generally better medical attention than poor free people. Certainly you are not suggesting people should just accept anything that they are offered, and tell the Governor and the legislature, "thank ya masser." People have a right to representation in our republic, even state employees.
  • by Give me a Break on Apr 26, 2010 at 09:44 AM
    What about a bill requiring people to pay more towards raising their own kids. I am sick of all of the women who are having all these kids and can't pay for any of them. you wouldn't believe how many do not have jobs and have multiple kids!
  • by Be Thankful Location: Meridian on Apr 26, 2010 at 06:37 AM
    To all the nay sayers in this comment section... At least your keeping your job. So stop crying just because you have to pay a little more. It sure beats the losses you would have in unemployment.
  • by state worker Location: Meridian, MS on Apr 25, 2010 at 05:37 PM
    I agree with everyone who disagrees with Barbour.He is clueless,insensitive and apparently unaware of the current economic conditions. As someone else previously stated, we are already struggling and living paycheck to paycheck as it is. I want to take Barbour on a trip to the grocery store with me and have him follow me around on my state job for a day and see how he feels about the cuts then. Unfortunately, there is nothing I can do about this, except for leave state employment which I suspect a lot of people will be doing, if not the state entirely in order to find a job worth having. Way to go, Barbour. I regret the day you were elected into office, but I am proud to say my vote didn't put you there. I do realize that saving for our future is very important, but come on. Where else in the nation takes nearly 10% of your already menial salary and puts into retirement when you can't afford to pay your bills today?
  • by Not my messiah Location: Mississippi on Apr 25, 2010 at 11:45 AM
    Mr. Rooster -- Obama is not my messiah. I do not want to be told how much to sock away. Your not at my house trying to buy groceries and gas to get me back and forth to work. Just getting by as it is.
  • by State Worker Location: Meridian on Apr 25, 2010 at 07:03 AM
    Rooster, they are not going to increase your retirement benifit, they are just going to take more money out of your check.
  • by rooster Location: Meridian on Apr 24, 2010 at 08:15 PM
    I tried to increase the amount I can put away for the future and was told I couldn't. I appreciate that a little more can go towards MY future. Those of you whining....get a clue and follow what your messiah, obama is imposing on every citizen. At least our modest increase goes towards our retirement and not to someone living and scamming off my taxes.
  • by Sad Location: Scooba on Apr 24, 2010 at 06:47 PM
    Thanks Governor, now I'll be bring less money home to feed my family. Sure helped me out alot. Disabled husband and child in school. Thank you so much for nothing!
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