GEORGE COUNTY, MS (WLOX) - A hearing to determine the fate of the Singing River Health System retirement pension plan has been continued. However, the temporary restraining order issued by Chancery Judge Jaye Bradley last Friday remains in place until a new hearing is held.
That's the decision by the judge after a hearing that lasted approximately 30 minutes before a crowd of at least 75 health system retirees.
Attorneys for the health system asked the judge for the continuance. They also asked for another hearing to be set sometime after the beginning of the new year, but no new date was set by Judge Bradley.
Attorneys for a retiree, who is suing the health system, say this is the only action they can take to try and save the livelihoods of retirees.
In late November, health system officials announced that the retirement plan was $140 million in the red and was being frozen and then liquidated.
Doug Walker is in the courtroom and will have more later today on WLOX News and on WLOX.com.