Commission to Release PERS Recommendations

By: The Associated Press
By: The Associated Press

A commission is releasing a report Wednesday that makes recommended changes for the Mississippi Public Employees Retirement System.

Gov. Haley Barbour in August appointed the
12-member commission to study the investments, management and other financial aspects of PERS.

The group includes business people, elected officials and financial experts and is led by Mayor George Schloegel of Gulfport.

The commission can only make recommendations. Any changes would have to be approved by new lawmakers who take office in January. Barbour's term expires Jan. 10.

Mississippi PERS manages pension funds for 80,000 state and local government retirees and 167,000 active employees. The members
include teachers, firefighters, state hospital workers, prison guards and other non-federal government workers. State troopers and
legislators have separate funds.

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