Quantcast

Magnolia State News

Saturday, November 16, 2024

Mississippi Pension Fund Performance: Earnings dip by 5.5% in 2021

Webp wgkww68s7yark2zdy47ibof1mwef

Mississippi Lt. Governor Delbert Hosemann | ltgovhosemann.ms.gov

Mississippi Lt. Governor Delbert Hosemann | ltgovhosemann.ms.gov

The earnings on investments for Mississippi public pensions dropped from $574,181 in 2020 to $542,880 in 2021, according to data obtained from the U.S. Census Bureau’s Annual Survey of Public Pensions.

The Census Bureau's survey includes public pensions sponsored by local and state government entities with employees who are compensated with public funds. The local governments include counties, townships, school districts and special districts.

The data gathered includes revenues, expenditures, financial assets, membership and liabilities information.

It's worth noting that residents in Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington, and Wyoming are not subject to state income taxes.

The Census Bureau cautions that not all respondents answer all survey questions. Thus, some fields were left blank.

Mississippi reported data from three pension systems. The total number of pension system members was 344,515.

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS