GREENWOOD, Miss.–The mayors of Greenwood and Greenville will travel to the state Capitol Wednesday to talk about contributions to the Public Employees Retirement System in a joint press conference with mayors from all parts of the state. The Mississippi Municipal League is putting on the press conference.
“With the recent decisions by the PERS Board to lower the APR from 7.55% to 7% and to implement a three-year phase-in of the employer contribution from 17.4% to 22.4%, municipalities across the state are in need of immediate solutions to prepare for this fiscal increase while also remaining cautious of future increases down the road. MML is optimistic that by working closely with the Legislature, all parties can partake in a shared sacrifice to meet the needs of not only the retirees but also local and state governments,” read a press release.
Public employees give a significant amount of their checks to the retirement system.Remarks will be given by MML Legislative Chairman Mayor Kenny Holloway of Ocean Springs, MML President Mayor Toby Barker of Hattiesburg, MML Conference Planning Committee Chairman Mayor Hope Magee-Jones of Collins, MML Immediate Past President Mayor Carolyn McAdams of Greenwood, Former MML President Mayor Errick D. Simmons of Greenville and Mayor Billy Knight, Sr. of Moss Point.