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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  • by Anonymous on Dec 14, 2011 at 10:17 AM
    not a single blue collar worker on the commision even though the blue collar worker cotributes the most to the fund.this is typical government,ruled by a commission of people that have little at stake or already have enough money pilfered away that they dont have to worry about retirement funds.
  • by cw on Dec 14, 2011 at 09:45 AM
    most likely a commission of crooks
  • by Anonymous Location: Meridian on Dec 14, 2011 at 08:59 AM
    I think its very telling that the state legislature has a separate fund. Whats good for the goose might NOT be so good for the gander???
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