{"id":7,"date":"2017-03-06T21:16:25","date_gmt":"2017-03-06T21:16:25","guid":{"rendered":"http:\/\/s543809464.onlinehome.us\/singingriver\/?page_id=7"},"modified":"2026-05-04T18:25:03","modified_gmt":"2026-05-04T18:25:03","slug":"home-page","status":"publish","type":"page","link":"https:\/\/www.singingriverretirement.com\/","title":{"rendered":"Employees’ Retirement Plan & Trust"},"content":{"rendered":"\n
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HELP US ID THESE PEOPLE?<\/strong><\/a><\/div>\n\n\n\n
SRHS Pensioners Memos<\/a><\/div>\n\n\n\n
Updated Plan Summary<\/a><\/div>\n\n\n\n
Change of Address<\/a><\/div>\n<\/div>\n\n\n\n
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Update - May 4, 2026<\/h1>\n\n\n\n
<\/div>\n\n\n\n
Report 4 2026 - Report to the Court<\/a>Download<\/a><\/div>\n\n\n\n
Mar. 31 2026 Mark to Market<\/a>Download<\/a><\/div>\n\n\n\n

Update - Mar. 26, 2026<\/h1>\n\n\n\n
<\/div>\n\n\n\n
4Q Report 2025<\/a>Download<\/a><\/div>\n\n\n\n
Feb 28 2026 Mark to Market<\/a>Download<\/a><\/div>\n\n\n\n
Report to the Court 3 2026 - without Q report<\/a>Download<\/a><\/div>\n\n\n\n
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Presentation of financial status on Dec. 2, 2025<\/h2>\n\n\n\n

Dear Plan Participant,<\/p>\n\n\n\n

I hope this letter finds you well.  Please mark your calendars for Tuesday, December 2nd<\/u><\/strong>.  I will be presenting on that day to give you an update on the financial status of the Plan and to answer questions from you.  I will be meeting with participants from 2:00 pm \u2013 4:00 pm.  The hospital has generously offered to host us at:<\/p>\n\n\n\n

Pascagoula Senior Center<\/strong>
1912 Live Oak Ave.<\/strong>
Pascagoula, MS 39581<\/strong><\/p>\n\n\n\n

I hope to see you there.  I encourage you to read my monthly reports to the Court and my letters that are posted at www.singingriverretirement.com<\/a>.  Reading my monthly reports to Judge Bell and my letters on the website is the best way to stay up to date with accurate information<\/strong>. <\/p>\n\n\n\n

REMINDER!!  ADDRESS OR BANK CHANGES<\/strong><\/p>\n\n\n\n

Fifth Third Bank receives returned mail each month from participants who have moved.  IF YOU ARE NOT RECEIVING YOUR MONTHLY PAYMENT NOTIFICATIONS IN THE MAIL \u2013 WE NEED AN UPDATED ADDRESS!<\/em><\/strong>  <\/em>Please let us know when your address changes!<\/u><\/strong>  <\/em>When you change addresses, please notify me at Traci@mcgkc.com<\/a> or by phone at 816-455-9030.  I will alert the bank so that your monthly deposit advice or check is received timely and so that you receive your 1099R for tax purposes<\/strong> at the end of the year.<\/p>\n\n\n\n

If you change bank accounts<\/strong> and need a new Direct Deposit Form \u2013 there is a link on the home page.  If you wish to change your tax withholding<\/strong>, you can find a current form W4P at https:\/\/www.irs.gov\/pub\/irs-pdf\/fw4p.pdf<\/a>.<\/p>\n\n\n\n

These forms can be scanned and e-mailed, faxed to 816-792-8350 or mailed to:<\/p>\n\n\n\n

MCG Consulting Group
13725 Metcalf Avenue, #423
Overland Park, KS 66223<\/p>\n\n\n\n

If you have questions that I have not answered here on the website, please e-mail me at traci@mcgkc.com.  If you are wondering about something, others probably are too, and I will do my best to address all questions and concerns.<\/p>\n\n\n\n

I am and will continue to be working for you.<\/p>\n\n\n\n

Sincerely,
Traci M. Christian, EA, MAAA, FCA, MSEA
Special Fiduciary
Singing River Health System Employees\u2019 Retirement Plan and Trust<\/p>\n\n\n\n

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REMINDER!! ADDRESS OR BANK CHANGES<\/h2>\n\n\n\n

IF YOU ARE NOT RECEIVING YOUR MONTHLY PAYMENT NOTIFICATIONS IN THE MAIL \u2013 WE NEED AN UPDATED ADDRESS!<\/strong><\/p>\n\n\n\n

Please let us know when your address changes!<\/p>\n\n\n\n

Fifth Third Bank receives returned mail each month from participants who have moved.<\/p>\n\n\n\n

When you change addresses, please notify Troy at Troy@mcgkc.com or by phone at 816-455-9035. He will alert the bank so that your monthly deposit advice or check is received timely and so that you receive your 1099R for tax purposes at the end of the year.<\/p>\n\n\n\n

If you change bank accounts and need a new Direct Deposit Form \u2013 there is a link on the home page.<\/p>\n\n\n\n

If you wish to change your tax withholding, you can find a current form W4P at https:\/\/www.irs.gov\/pub\/irs-pdf\/fw4p.pdf<\/a><\/p>\n\n\n\n

These forms can be scanned and e-mailed, faxed to 816-792-8350
or mailed to:<\/p>\n\n\n\n

MCG Consulting Group
13725 Metcalf Avenue, #423
Overland Park, KS 66223<\/p>\n\n\n\n

Change-of-address<\/a>Download<\/a><\/div>\n\n\n\n
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FREQUENTLY ASKED QUESTIONS<\/h2>\n\n\n\n

Why sell and why now?<\/strong>
Singing River is in a position of strength, attractive to potential buyers, and able to dictate the best terms to assure a solid future for our patients, team members, and retirees. We have reached a point in our history where the costs of delivering the very best care to our community will soon far exceed what a county-owned provider could ever deliver for the long term (even if county taxes were increased at the maximum rate). A sale to a like-minded partner allows for an increase in purchasing power, payer negotiations and economic impact.<\/p>\n\n\n\n

How will our Pension be protected if the system is sold?<\/strong>
One of the absolute \u201cnon-negotiable\u201d requirements for any potential buyer is to first honor our commitment to the Pension settlement trust fund. Proceeds from a sale would go straight into the trust fund to maintain payments for the life of the plan, pursuant to the terms of the settlement.<\/p>\n\n\n\n

Would it be better for Retirees if the county retained ownership of Singing River?<\/strong>
Outside healthcare experts and industry trends (including some hospital bankruptcies in our own state) show that continued county ownership is likely NOT better for retirees, employees, or the patients who count on us for their care. Increasing costs for daily operations, buildings, equipment, drugs, and staffing would require an enormous taxpayer burden and would still be insufficient to maintain our current operations and protect the pension commitment.
It is important to remember that the pension settlement fund is not backed by county tax dollars, it is backed strictly by Singing River\u2019s ability to fund it. Selling Singing River to a strong partner now will ensure the pension payments are protected and will be a requirement for any sale.<\/p>\n\n\n\n

Will management of the Pension change if the system is sold?<\/strong>
Management of the pension settlement trust fund is in the hands of the Chancery Court of Jackson County. The court has appointed Special Fiduciary Traci Christian to oversee the plan and any changes would be decided by the court.<\/p>\n\n\n\n

Would a new buyer change our Pension payments?<\/strong>
A new buyer would have absolutely no say so over the pension plan, all decisions around the plan remain up to the Chancery Court and the court-appointed Special Fiduciary.<\/p>\n\n\n\n

Where can I learn more about the process or ask questions?<\/strong>
We have set up a new web page with more information and updates on the process at www.SingingRiverForward.com. You can submit questions there and even subscribe to the website to receive email alerts. In addition, we are supplying updates to the Special Fiduciary who will post them on the www.SingingRiverRetirement.com website where you can also find the latest reports to the court and other updates.<\/p>\n\n\n\n

Download PDF version of FAQ<\/a>Download<\/a><\/div>\n\n\n\n
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July 18, 2022 - Update to SRHS-Pensioner-Memo<\/h1>\n\n\n\n

TO: Singing River Health System Pensioners
FROM: Tiffany Murdock, CEO, Singing River Health System
DATE: July 18, 2022
RE: Update on Board of Supervisors Meeting<\/p>\n\n\n\n

Dear Singing River Health System Retiree,<\/p>\n\n\n\n

I am writing to provide an update on our plans to secure the future of the Singing River Health System and healthcare for our communities in Jackson County and along the Gulf Coast of Mississippi.<\/p>\n\n\n\n

As I shared last month, the Singing River Board of Trustees passed a resolution to pursue a fully integrated model with a like-minded healthcare organization that will invest in and grows our system. Today, the Jackson County Board of Supervisors approved this resolution to pursue this path.<\/span><\/p>\n\n\n\n

As you are aware, the healthcare industry has continually changed over the last decade, with community hospitals like ours facing the strongest headwinds. As stated in the Raymond James report that was shared at the BOS meeting on July 5th, some of the challenges we face include:<\/p>\n\n\n\n