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Analysis: PERS is the elephant in the room

Published

12 months ago

November 8, 2023

www.supertalk.fm – Gerard Gibert – 2023-11-08 15:39:49

SUMMARY: The Public Employees Retirement System (PERS) was established by the Mississippi Legislature in 1952 to provide benefits to the state‘s public-sector workforce. It offers two categories of pension programs: defined benefit plans and defined contribution plans. PERS has faced challenges maintaining financial stability, with its funding policy coming under scrutiny for lacking long-term sustainability. The program’s health is measured using specific financial metrics, which have raised concerns about its future stability. To address financial woes, PERS could consider increasing revenue by improving returns on its investment portfolio or decreasing expenses. Additionally, it could explore the option of both increasing revenue and decreasing expenses. The board has already voted to increase the employer contribution rate.

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Tina Clay sworn in to take over Jackson City Council seat left vacant by embattled predecessor

Published

13 hours ago

November 1, 2024

Staff Editor

www.supertalk.fm – Caleb Salers – 2024-11-01 12:34:00

SUMMARY: Montyne “Tina” Clay has officially taken her seat on the Jackson City Council after winning the special election runoff for the vacant Ward 2 position. Clay, a local businesswoman and philanthropist, defeated retired military officer Marcus Cheatham following a general election where neither candidate achieved the required 50% of the vote. She steps in to fill the seat left by Angelique Lee, who resigned amid legal troubles related to a federal corruption investigation. Municipal elections in Jackson are scheduled for 2025.

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SuperTalk FM

‘It’s a total team effort’: Mississippi State soccer looks to carry dominance into postseason

Published

13 hours ago

November 1, 2024

Staff Editor

www.supertalk.fm – Caleb Salers – 2024-11-01 15:11:00

SUMMARY: The Mississippi State women’s soccer team has achieved several historic milestones this season, including its first top-five ranking in the United Soccer Coaches Poll and the SEC regular season championship. The Bulldogs are currently on a 14-game winning streak and finished the regular season undefeated against conference opponents. Coach James Armstrong noted the team’s potential and the importance of strong veteran leadership. Goalkeeper Maddy Anderson leads the SEC with a .240 goals-against average, contributing to the fewest goals allowed in SEC history. The Bulldogs are set to enter the SEC Tournament as the top seed, seeking to continue their success.

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Mendenhall wrestling coach accused of engaging in sexual communication with student

Published

17 hours ago

November 1, 2024

Staff Editor

www.supertalk.fm – Caleb Salers – 2024-11-01 16:10:00

SUMMARY: Sammy Byther, a wrestling coach at Mendenhall High School, has been arrested on charges of sexual battery involving a student. He turned himself in to the Simpson County Sheriff’s Office following a probable cause hearing. The allegations arose after a student reported inappropriate communication with Byther. He is currently held on a $2 million bond. In response, the Simpson County School District placed him on administrative leave and later terminated his employment, emphasizing a commitment to student safety and cooperation with law enforcement during the ongoing investigation. Further details remain undisclosed to protect those involved.

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