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In 2023, the PERS governing board, made up of mostly elected members, as advised by financial actuaries who watch over the state's retirement plan, passed a rate increase on public employers, such ...
read about HB 1590 Mississippi lawmakers, state retirement leaders disagree over bill to take over PERS system. Last year, the board voted to increase employer contributions toward the state ...
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private sector.
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The Delta Regional Authority (DRA) is a Federal-State partnership whose mission it is to improve the quality of life for the residents of the Mississippi Delta.The Delta Regional Authority serves 252 counties and parishes in parts of eight states: Alabama, Arkansas, Illinois, Kentucky, Louisiana, Mississippi, Missouri, and Tennessee.
The Federal Employees' Retirement System (FERS) is the retirement system for employees within the United States civil service. FERS [1] became effective January 1, 1987, to replace the Civil Service Retirement System (CSRS) and to conform federal retirement plans in line with those in the private sector. [2] FERS consists of three major components:
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