How Much Money Would Each Mississippi Taxpayer Have to Cough-Up To Cover Share Of State Debt?

By Keith Plunkett | September 25th, 2017 at 10:42 am

BY: Keith Plunkett / Managing Editor

Keith Plunkett is the Policy and Communications Director for the United Conservatives Fund, and the Founder and Publisher of MississippiPEP.com.

Filed Under: Budget, Contributor, Ethics, Feature Stories, Keith Plunkett, Legislature, Mississippi PEP, MS State Government, Opinion, PERS, PERS, Politics, Principles of Freedom, SLRP, Spending, State Bonds

A 2015 rule enacted by the Governmental Accounting Standards Board (GASB) requiring state governments to report full pension liabilities on financial reports reveals Mississippi to be in debt to the tune of $8.6 billion. Did you think Mississippi state government is “required to balance the budget every year?” No doubt the politically in-tune public has […]

S&P Cite Unfunded Liability In Mississippi’s Pension System For Negative Outlook.

By MississippI PEP Staff | May 9th, 2017 at 6:52 pm

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Banking and Finance, Budget, Mississippi, MS State Government, PERS, PERS, Revenue, SLRP, Spending, State Bonds

Credit Rating Agency Warns State Officials That Rate Cut Could Be Coming If Pension Liabilities Not Corrected Getting better or getting worse? That’s the question Mississippi leaders are debating after the third major credit rating agency warned last week that it was concerned about weakness in state finances and the overall economy. For credit rater […]

PLUNKETT: Reducing The Size Of The Legislature Has Been Attempted Many Times Before, Including 2017.

By Keith Plunkett | April 9th, 2017 at 3:52 pm

BY: Keith Plunkett / Managing Editor

Keith Plunkett is the Policy and Communications Director for the United Conservatives Fund, and the Founder and Publisher of MississippiPEP.com.

Filed Under: Chris McDaniel, Contributor, Election Reform, Ethics, Feature Stories, Keith Plunkett, Legislature, Liberty, Mississippi, Mississippi PEP, Mississippi State House, Mississippi State Senate, MS State Government, Opinion, Politics, Public Service, SLRP, Spending

Imagine, not only would the state be saving $14 million during each Session, but then we’d realize savings over and above the current expenditures of a full $28 million every other year by not having them report at all.

Let’s find someone to throw in legislation to get rid of the special legislative retirement plan (SLRP) and Mississippi will be well on the way to reducing one of the biggest problem expenses in state government.

Getting Started Late, PEER Committee Expected To Issue Only 4 Reports

By MississippI PEP Staff | December 2nd, 2016 at 6:50 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Charter Schools, Ethics, Legislature, MDOC, Medicaid, Mississippi State House, Mississippi State Senate, MS State Government, News, PERS, PERS, SLRP, Tate Reeves

The Joint Legislative Committee on Performance Evaluation and Expenditure Review, or PEER, is back up and running. Lt. Gov. Tate Reeves missed the normal appointment time in April, finally getting around to naming his seven appointments in late October. The legislative watchdog group was established nearly 50 years ago. The committee issued it’s first report […]

Plunkett: Serious discussion of state retirement must begin with Legislative Retirement Plan.

By MississippI PEP Staff | January 29th, 2013 at 2:40 pm

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Chris McDaniel, Contributor, Entitlements, Ethics, Keith Plunkett, Legislature, Mississippi, Mississippi Municipalities, Mississippi State House, Mississippi State Senate, MS State Government, Nancy Collins, Opinion, PERS, Politics, Public Service, Retirement, SLRP, Spending, Superintendents, Teachers

BY: B. Keith Plunkett @Keithplunkett According to our Mississippi PEP 2013 Conservative State of the State survey of over 200 conservative Mississippians, there is great concern for how state officials will face down the growing problem of funding state retirement. The Public Employee Retirement System (PERS) Board again raised the contribution levels on taxpayers last […]

PERS Board approves increase in taxpayer contributions to fund shortfall.

By MississippI PEP Staff | November 25th, 2012 at 5:58 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Budget, Education, Entitlements, Legislature, Mississippi, Mississippi Municipalities, MS State Government, PERS, Politics, Public Service, Retirement, SLRP, Spending

The governing board of the state retirement system has increased — as expected — the amount employers contribute to the program. Pat Robertson, executive director of the Public Employees Retirement System, had told lawmakers in September that the increase was coming and would affect state agencies, the public schools and cities and counties. The board […]

Davis: Discussion of PERS corrections bring out the fear.

By MississippI PEP Staff | September 26th, 2012 at 7:38 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Budget, Contributor, Doug Davis, Entitlements, Haley Barbour, Insurance, Legislature, Mississippi, MS State Government, Opinion, PERS, Politics, Retirement, Revenue, SLRP, Spending

Follow Doug on Twitter and Facebook BY: Doug Davis Here we go again. We have heard this song before, know the words the choir will sing and even know the dance they will do. When testifying before the Legislative Budget Committee last week, PERS officials made it known they will increase the tax-payer (employer) portion […]

Pender: Unattributed PERS white paper circulating around State Capitol

By MississippI PEP Staff | September 9th, 2012 at 7:35 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Entitlements, Legislature, Mississippi, Mississippi State House, Mississippi State Senate, MS State Government, Opinion, PERS, Politics, Republican, Retirement, SLRP, Spending, Tate Reeves

One highlight of the new white paper is that PERS’ 10-year average investment return is 5.4 percent, while its operating “assumption” is 8 percent. This is akin to someone assuming their salary will be $40,000 a year as he spends money, when it’s really $30,000. It also states that, under a new standard, PERS is […]

Mitchell: Mississippian’s don’t take advantage of public information

By MississippI PEP Staff | August 16th, 2012 at 8:05 am

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Haley Barbour, Law Enforcement, Legislature, MAEP, MDA, MDOC, MDOT, Medicaid, Mississippi, MS State Government, Opinion, PERS, Politics, Public Safety, Public Service Commission, Retirement, Revenue, SLRP, Spending, State Bonds, Taxes, Transportation, Treasurer

Complaining about too little access to public information has been a lifelong pursuit for me. Still, I think a “D+” grade assigned to Mississippi by a national group is too low. This state has plenty of good laws, plenty of verbal support for transparency at the highest levels of state government. The train jumps the […]

Senator Chris McDaniel introduces bill with hopes of ending Legislative Retirement Plan

By MississippI PEP Staff | March 5th, 2012 at 2:22 pm

BY: MississippI PEP Staff /

The MS PEP Staff consists of a number of volunteers across the state dedicated to sharing news and commentary important to conservatives.

Filed Under: Chris McDaniel, Legislature, Mississippi, Mississippi State Senate, MS State Government, Politics, Republican, Retirement, SLRP

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 […]