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PERS administrative committee approves budget, certifies elections and adopts Regulation 34

Public Employees Retirement System of Mississippi Board · August 28, 2024
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Summary

The PERS administrative committee approved the administrative budget (Tab D), certified a runoff ballot for the unexpired state employee seat (Tab E), confirmed Mr. Breeland for a full term (Tab F), and adopted Regulation 34 on reemployment after retirement; all motions carried by voice vote.

The Public Employees Retirement System of Mississippi administrative committee approved several procedural items in a short session, voting to adopt the administrative budget, certify an election runoff ballot, confirm a single-candidate election, and finalize Regulation 34, which updates reemployment-after-retirement rules.

At the outset the director noted the Tab D administrative budget "is no different than what the board has approved in the last meeting" and asked for final approval. A motion to approve the budget was made, seconded and passed with a voice vote; the chair declared the motion carried.

Under Tab E staff presented results of the state employee representative election for the unexpired term of Chris Howard and recommended a runoff because no candidate received a majority; the board approved the runoff ballot between Terrence D. Yarbrough and Alan D. Cooper.

Tab F covered the full-term state employee representative seat currently held by Mr. Breeland. Staff reported only Mr. Breeland filed for the term, verified his information and, following past practice, the board approved him as duly elected for the new term.

Finally, staff said Regulation 34, addressing return-to-work provisions after retirement (including changes tied to teacher reemployment and designated critical shortage areas), reflects legal changes that became effective July 1 and recommended final adoption under the board’s standard process. The board adopted Regulation 34 by voice vote.

The administrative committee then stood adjourned after completing the listed agenda items.