Court order temporarily stops SRHS from freezing employee pensio - WLOX.com - The News for South Mississippi

Court order temporarily stops SRHS from freezing employee pension plans

(Photo source: WLOX) (Photo source: WLOX)
JACKSON COUNTY, MS (WLOX) -

A temporary restraining order has been granted banning the Singing River Health System from shutting down its employee's pension plans. The CEO of Singing River Health System admits there are serious financial problems at his hospitals.

He recently told employees the company hasn't fully funded pensions in five years and the health system would be liquidating pension plans.

Meanwhile, employees with the health system were closed mouthed today after meeting with officials about their failed pension plans, but state Sen. Brice Wiggins didn't hold back.

He 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," Wiggins said in the release. "Employees and retirees of SRHS are justifiably hurt and Jackson Countians justifiably deserve accountability from public entities."

A hearing on the decision was initially set for next week, but according to Richard Lucas, Vice President of Communications at SRHS, a judge has granted a continuance that will push the hearing date back to Dec. 19.

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