Jackson County supervisors meet with a SRHS settlement on the ta - WLOX.com - The News for South Mississippi

Jackson County supervisors meet with a SRHS settlement on the table

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

Jackson County supervisors meet Monday morning and a proposed settlement with Singing River Health System could be debated.

WLOX News has obtained a draft copy of the proposed settlement, which was worked out after several current retirees sued Singing River Health System when the pension plan was almost terminated a year ago.

Under the proposed agreement, the health system will contribute $142 million to the pension fund between 2016 and 2051. The county will give the system $13.6 million to operate over the next several years, and $4 million of that amount would be paid over the next 90 days.

This settlement plan would not require a tax increase.

The plaintiffs attorneys who worked on the settlement plan are asking for up to $6.4 million in fees.

Under the plan, the court would appoint a four-member authority to to oversee the operation of the health system. In order for the agreement to stand, the retirees and current employees lawsuits would have to be certified as a class action case by a federal or state court.

However, not everyone is pleased with the plan.

Earl Denham, the first attorney to file lawsuits on behalf of the retirees, says the plan is not financially viable. Additionally, Denham disputes the idea that a Mississippi court could certify a class action case if the federal court declines to do so.

Jackson County supervisors will likely discuss the agreement on Monday.

The court hearing is set for Tuesday morning in Chancery Court.

WLOX News contacted several of the parties involved in the negotiations; all declined comment citing a confidentiality agreement.

Copyright 2015 WLOX. All rights reserved.

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