The Jackson County Board of Supervisors on Monday agreed to pay $13.6 million “to support indigent care” but won’t contribute to the faltering pension plan at Singing River Health System.
That payment also hinges on approval by the SRHS Board of Trustees and settlement of pending litigation by people in the pension plan. An attorney for some of those people says they have no intention of settling.
They want the pension plan fully funded but an attorney for the county said the supervisors can’t do that.
“What Jackson County can’t do is contribute … to a pension plan because that is unconstitutional in Mississippi,” said special counsel William Guice.
The money from the county is aimed at preventing default on millions of dollars in bonds at SRHS that are guaranteed by the county. SRHS would then be able to resume pension contributions, which it hasn’t done for years.