Welcome to PERS
The Public Employees’ Retirement System of Mississippi (PERS) proudly serves the state of Mississippi by providing retirement benefits for individuals working in state government, public schools, universities, community colleges, municipalities, counties, the Legislature, highway patrol, and other such public entities. These retirement benefits not only help recruit and retain a strong public workforce in Mississippi, they help stimulate local economies in every county in the state and help reduce the need for social assistance.
Cost-of-Living Adjustment notices may show change in lump sum COLA withholding
Cost-of-Living Adjustment (COLA) notices were recently mailed, and retirees who receive an annual lump sum COLA may notice that tax withholdings for this payment differ from last year.
The reason for the change is because PERS switched to a new pension administration software last year, which defaulted each member's COLA tax withholding to the same preference set for his or her monthly benefit distribution.
PERS sends COLA notices in late June/early July of each year to inform retirees of their December COLA amount and the amount to be withheld in taxes. Once an individual receives and reviews his or her notice, he or she has the option to make any necessary changes before the COLA is paid in December. Retirees who would like to adjust their lump sum COLA tax withholding preference should indicate the preferred change on the notice and return the notice to PERS by October 31.
Retirees who did not receive or no longer have their notice may contact PERS for a duplicate.
Click here to view an overview of the COLA notice.
Ballots mailed for Institutions of Higher Learning Employee representative election
Ballots were mailed to eligible voters September 7 to elect a representative for the institutions of higher learning employee trustee term that runs from January 1, 2017, to December 31, 2022. Deadline to cast ballots is October 7 at 5 p.m.