Actuarial Outpost
Go Back   Actuarial Outpost > Actuarial Discussion Forum > Pension - Social Security
FlashChat Actuarial Discussion Preliminary Exams CAS/SOA Exams Cyberchat Around the World Suggestions

Salary Surveys
Property & Casualty, Life, Health & Pension

Health Actuary Jobs
Insurance & Consulting jobs for Students, Associates & Fellows

Actuarial Recruitment
Visit DW Simpson's website for more info.

Casualty Jobs
Property & Casualty jobs for Students, Associates & Fellows

Thread Tools Search this Thread Display Modes
Prev Previous Post   Next Post Next
Old 10-02-2017, 06:03 PM
campbell's Avatar
campbell campbell is offline
Mary Pat Campbell
Join Date: Nov 2003
Location: NY
Studying for duolingo and coursera
Favorite beer: Murphy's Irish Stout
Posts: 85,627
Blog Entries: 6

Judge removes lawyer from running troubled pension plan
PASCAGOULA, Miss. (AP) — A judge has removed a lawyer who was overseeing a troubled Mississippi hospital pension plan.

Circuit Judge James Bell said Friday that Steve Simpson, a former judge and state public safety commissioner, had a conflict of interest. Simpson joined a law firm that once advised Singing River Health System on pension issues.

The Sun Herald reports Bell named Jackson County Chancery Clerk Josh Eldridge as the plan’s temporary overseer. Eldridge says he won’t charge the pension plan for work.

The plan covers 3,100 employees and retirees from two county-owned hospitals.

The pension has been frozen for three years with no contributions, as its balance dropped from $150 million to $125 million. Pensions are still being paid, while courts decide on a federal class-action settlement. About 200 retirees oppose the settlement.


LinkedIn Profile
Reply With Quote

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

All times are GMT -4. The time now is 01:58 AM.

Powered by vBulletin®
Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
*PLEASE NOTE: Posts are not checked for accuracy, and do not
represent the views of the Actuarial Outpost or its sponsors.
Page generated in 1.10071 seconds with 11 queries