NATCHEZ, Miss. (AP) - Adams County supervisors are working on a solution to the problem of unpaid retirement benefits for former Natchez Regional Medical Center employees.
The Natchez Democrat reports (https://bit.ly/1N2k1AY) that when the county-owned hospital filed for bankruptcy protection in March 2014, one of the unsecured creditors in the filing was the Public Employees Retirement System.
One proposal is for the county to cover the difference needed for employees to be credited with their retirement payments.
“We want to do it, but we have got to found out the amount of what it is,” Supervisor Mike Lazarus said Monday.
After the bankruptcy filing, employees of the hospital learned that even though they had continued to make employee contributions to the PERS system, the hospital had not remitted the required 15 percent employer portion since November 2013.
PERS officials have said the employee payments could not be posted without the employer portion, so those months are not reflected in total accrued work.
Lazarus said figuring out what payments have been made, what to do about employees who weren’t vested in the system and other issues have made determining how much is owed a moving target.
“It is going to take some figuring to see what all of it is,” he said. “We have every intention of honoring that contract with employees. It was a contract between the employees and the hospital.”
Supervisor Darryl Grennell said the board must find out if it is legal to make any payments.
Information from: The Natchez Democrat, https://www.natchezdemocrat.com/
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