pension pension or retirement concept with word on business office folder index

States In Danger As Pension Underfunding Of $4.7 Trillion Threatens Their Fiscal Health

“This spells trouble for the millions of baby boomers who are quickly approaching retirement age and expect to collect the pensions promised to them by government officials,” IBD Editorials | Posted 11/19/2014 | State Finances: Voters in the midterm elections gave Republicans control of 31 governorships and 23 state legislatures, the most since 1929. A big reason […]

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Mississippi’s pension system one of nation’s worst

MORTAL DANGER: Mississippi’s unfunded liability with its state pension system ranks high among the states according to a recent study. By Steve Wilson | Mississippi Watchdog | November 12, 2014   Got $18,722 to spare for each resident of the Magnolia State? That’s each Mississippian’s share of the state’s growing unfunded liabilities in its defined-benefit pension system. Good […]

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Mississippi’s pension system improves, but unfunded liability still tops $14 billion

Thanks to some improved returns on its investments, the Public Employees’ Retirement System of Mississippi is in better shape, according to the newest financial report, but the news isn’t all rosy. By Steve Wilson  /   October 31, 2014  / / Mississippi Watchdog Photo : IRON MONEY: One of Mississippi’s pension system’s investments in 2013 […]

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Mississippi pension fund heads for final ‘Jeopardy’

The state’s unfunded liability with PERS as a percentage of the state’s gross domestic product was third worst behind New Mexico and Illinois, according to the study by Robert Sarvis. By Steve Wilson | Mississippi Watchdog |  July 21, 2014 We’ll take pension reform for a thousand. Make no mistake, Mississippi is playing “Jeopardy” with its […]

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