PERS Administrative Committees | October 22, 2024

Administrative Committee, Public Employees Retirement System of Mississippi · October 22, 2024

0:00/2:15

2:15:11

0:00

30:00

1:00:00

1:30:00

2:15:11

Call to order and agenda preview

7:18 → 9:55(2m 37s)

Chair (identified in transcript as 'Miss Higgins') opened the administrative committee meeting, confirmed streaming/technical arrangements, and previewed the afternoon agenda: independent actuarial assessments (three firms), actuarial refresher training, and Tier 5 scenario discussion; introduced the first presenters and noted 30‑minute target windows for actuaries.

Keywords:

Speakers:

An administrative committee meeting of the Public Employees Retirement System of Mississippi reviewed three independent actuarial assessments, heard projections showing a multi‑billion dollar unfunded liability and a sizable gap between the statutory fixed contribution rate and the actuarily determined contribution, and discussed multiple Tier 5 benefit options as tools for long‑term sustainability.

AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Transcript

Unlock the transcript with a paid subscription