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The Public Employees’ Retirement System

Both employees of Quitman Schools and the school district itself contribute funds to the retirement system. This system allows for the retirement of public school staff once they have met the number of years experience and age requirements. Currently employees contribute 9% of their gross wages to the system. The Quitman School District contributes 17.4% of employees’ gross wages to the system as required by state law.

MS Deferred Compensation Plan and Trust

This program allows employees to invest a portion of their paychecks through payroll deduction each month. The trust is a 457 plan that allows employees to tax-shelter their deductions which results in immediate tax savings for any contributions made. Quitman School District does not contribute monetarily to this plan on behalf of employees.

State of MS School Employees’ Health Insurance Plan

The state employees of MS are covered under a self-insured plan that is administered by Blue Cross and Blue Shield of MS. Through this health plan, employees can secure insurance coverage for themselves and their families.