SuperTalk FM
Analysis: PERS is the elephant in the room
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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Southern Miss men’s basketball beats Marshall to open Sun Belt play
SUMMARY: The Southern Miss men’s basketball team secured a 68-66 win over Marshall in their Sun Belt opener, aided by a strong crowd of over 3,200 fans at Reed Green Coliseum. Despite Marshall keeping the game close, the Golden Eagles led at halftime and never trailed in the second half. Denijay Harris led with 29 points and 10 rebounds, sealing the victory with the final four points. Southern Miss capitalized on 12 turnovers from Marshall, scoring 15 points off them. Coach Jay Ladner praised his team’s defensive stops and execution, noting the win was their first over Marshall in the Sun Belt.
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Free gift or not? Mississippi police warn of ‘brushing’ scam during holiday season
SUMMARY: Mississippi police are warning about a holiday scam called “brushing,” which is becoming more prevalent as package deliveries rise in December. This scam involves recipients receiving unexpected packages accompanied by a QR code that claims to reveal the sender’s identity. Scanning this QR code can compromise personal information, leading to potential theft. Victims may receive items with little to no information about the sender, including claims related to Amazon. Officials advise against scanning any unfamiliar QR codes and recommend reporting such packages. Awareness is key to protecting personal data this holiday season, according to police.
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SuperTalk FM
Government shutdown averted just after deadline as Congress passes stop-gap bill
SUMMARY: As the government shutdown deadline approached, the Senate passed a bipartisan bill early Saturday to temporarily fund federal operations and disaster aid, excluding President-elect Donald Trump’s debt ceiling demands. The House overwhelmingly approved the bill, which funds the government through March 14 and includes disaster assistance. Trump had insisted on a debt ceiling increase, threatening a shutdown, but GOP leadership opted for a compromise with Democrats. The outcome raises questions about House Speaker Mike Johnson’s future amidst GOP dissent. President Joe Biden is expected to sign the bill, averting a shutdown that could affect millions, especially during the holiday season.
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