Series 2558: Constituent Correspondence, 2000-2003

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Email

35780

From: 		<Talbert268@cs.com>
To: 		Governor Musgrove
CC: 		vrobertson@mail.house.state.us; jmayo@mail.lbo.state.ms.us; wjennings@mail.lbo.state.ms.us
Created: 	6/23/2000 9:28 AM
Subject: 	PERS robbery of state employee's money
Message: 		

Dear Governor and Representatives:

Since I know you are all extremely busy people, I will try to keep this e - 
mail as brief as possible.  If you are like me, you probably don't like to 
read long messages.

Please allow me to introduce myself.  My name is Lynne Talbert.  I am married 
to Mike Talbert, who is a truck driver for Saia Motor Freight.  We have two 
children, Brad - 17 years old and Lauren - 14 years old, who live at home.  
When I married Mike 20 years ago, he had two children, Andy and Wendy.  At 
the time we married Andy was 6 years old and Wendy was 4 years. 

I was able to stay at home with the children and not work outside the home 
until 1990.  At this time Lauren began Kindergarten.  In order to be able to 
make a little "pocket change" , I began as a Teacher Assistant and School Bus 
Driver, for Walls Elementary School in DeSoto County.  I absolutely loved my 
jobs.  This was the perfect set up for someone who wanted to be able to stay 
at home with her children
  
This summer I began to reflect on my life - take account of how things are 
going.   I have always missed having a time in my married life when Mike and 
I could be alone.  Therefore, I decided to resign from being a Teachers 
Assistant.  I will continue to drive the school bus. 

I also began to think about my retirement package.  (I must tell you, I am 42 
years old.  So I guess this sounds like a mid-life crisis.)  I began 
unwillingly contributing to the Mississippi Public Employees Retirement 
System in 1990.  The  amount taken for the retirement account has always been 
withdrawn from both jobs.  Several years ago, I was notified, along with 
other bus drivers, that bus drivers would have a choice about contributing to 
the retirement fund.  I phoned the payroll department to stop the deduction 
from my bus check and was told that since I was a teacher assistant, I would 
still have to contribute to the fund from both pay checks.  

Now that I will no longer be a teacher assistant, I was looking forward to 
investing my own money.  I spoke with my boss at the Transportation 
Department and was told it is  now manditory for everyone to contribute to 
the fund.  Since 1990, I have contributed (as of June 30, 2000) $9,691.45.  
The interest I have been paid is (are you ready for this?) $1,317.34.

I realize the need for a retirement plan.  Everyone needs one.  However, the 
one I have with PERS  will not do. I have been aware of this for sometime.  
But, because my income was so minute and money was already being taken out 
for retirement, I couldn't afford to invest any more money.  

I invite you to visit the site of PERS (www.pers.state. ms.us) Check the 
market value of the investments.  

I have never had an opportunity to request how my money was invested.  
Believe me when I tell you, I am an educated person - very capable of 
decieding how and when my money should be spent.  I am well aware how much 
money I could make with MY money.  

I know this system has been in place for longer than any of you has been in 
office.  I hope and pray you will correct it.  It isn't fair.  If you really 
think about it the whole concept of PERS sounds like communism.  - We all 
work for the good of the state.  I,  for one, am working for the good of 
Lynne Talbert.  

I am going to make a formal request to the Director of PERS - Frank Ready and 
the Board of Director, for them to turn my contributions over to me minus any 
income tax.  I feel I should owe no penalty.  

Sorry for the length of this.  PLEASE 
HELP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Lynne Talbert      



                  

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pers_robbery_of_state_employee/mime.822