I have also introduced Senate Bill 2680. If passed, it would require the the Public Employees' Retirement System to conduct a thorough and comprehensive study of the Supplemental Legislative Retirement Plan (SLRP) to determine the feasibility and cost of closing SLRP to new members and/or giving members the option to withdraw from SLRP. A detailed … Continue reading Senator Chris McDaniel introduces bill with hopes of ending Legislative Retirement Plan
Cross posted at KeithPlunkett.com BY: B. Keith Plunkett It appears the House Republican Caucus finally issued a statement on PERS yesterday (see below). The statement states clearly and unequivocally that the caucus will not support changes to the 13th check, and will not support any changes to benefits for those already in the system. I … Continue reading House Republicans finally issue a statement on PERS.
Since 1989, Mississippi's 174 legislators and the lieutenant governor have enjoyed a preferential state retirement system that is 1.5 times more lucrative than that provided "regular" state employees like school teachers or highway workers. In a story last week, USA Today claimed that "Mississippi legislators get two pensions that on average add up to 165 … Continue reading State retirement system great — if you’re a legislator (Salter) | gulflive.com
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