JACKSON COUNTY, MS (WLOX) - Employees with the Singing River Health System were closed mouthed today after meeting with officials about their failed pension plans. But, Jackson County Senator Brice Wiggins didn't hold back.
He just sent out a news release focused on the financial problems and the pension crisis at SRHS.
"To say the least, I am beside myself that we in Jackson County are once again dealing with apparent mismanagement of the funds by a public entity," Sen. Wiggins news release begins. "Employees and retirees of SRHS are justifiably hurt and Jackson Countians justifiably deserve accountability from public entities."
The CEO of Singing River Health System admits there are serious financial problems at his hospitals. And he recently told employees the company hasn't fully funded pensions in five years.
This week, CEO Kevin Holland sent a letter to employees, and another letter to retirees, explaining the decision to freeze pension funds so no more money goes into that plan.
This was day two of the town hall style meetings between health system administrators and employees who want answers about their pension plan and why it's been frozen and soon will be liquidated.
Today's meetings were in Ocean Springs.
The general consensus at today's meeting is that reality is starting to sink in, and it's time to make other plans for retirement.
Mike Lacy will have more on the story tonight on WLOX News and
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