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PEER releases PERS review. (Strictly Business).

Publication: Mississippi Business Journal
Publication Date: 24-FEB-03
Format: Online - approximately 555 words
Delivery: Immediate Online Access
Full Article Title: PEER releases PERS review. (Strictly Business).(Public Employees'' Retirement System )

Article Excerpt
JACKSON -- The PEER Committee has issued the results of a management and expenditure review of the Mississippi Public Employees' Retirement System (PERS). PEER sought to determine whether PERS' expenses for administering the state's retirement programs are excessive, whether PERS ensures the accuracy of contribution collections, PERS' implementation of laws and regulations for selected employee groups and investment performance for the last 10 years and whether management fees are economical.

The review found:

* Assessment of administrative fees -- PERS' administrative costs...

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