PERS Board of Directors Municipal Seat Election

Emily Pote • November 4, 2026

Letter from Candidate: Braxton Tullos

Braxton Tullos is one of the candidates running for the PERS Board of Directors municipal seat. He has sent this letter to express his position on PERS and his desire to serve. As a reminder, MRPEA does not endorse any candidates; it only offers information and encourages all who can to vote!


PERS Board Runoff Election

Braxton Tullos | Candidate for Municipal Employee Representative


Dear MRPEA Members,


My name is Braxton Tullos, and I am asking for your support in the runoff election for Municipal Employee Representative on the Mississippi Public Employees’ Retirement System Board of Trustees.


My public service career includes seven and a half years with the Mississippi Department of Mental Health,

serving at Boswell Regional Center, Mississippi Adolescent Center, and North Mississippi State Hospital, and

more than twelve years with the City of Oxford, where I serve as Human Resources Director. My experience in both state and municipal government has given me an appreciation for the employees who serve our

communities and the retirement security they work hard to earn.


As an HR director, I help employees understand their benefits, prepare for retirement, and make decisions that affect their families’ futures. As a PERS member myself, I share their concerns. My family is counting on the same retirement system as yours.


Public employees dedicate their careers to serving others. They deserve confidence that the benefits they have earned will be there when they need them. Retirees depend on those benefits today, while active employees contribute with the expectation of a secure retirement ahead.


If elected, I will focus on these priorities:


Protect earned benefits. I will advocate for the retirement benefits employees and retirees have built their lives around, including the annual cost-of-living adjustment.


Strengthen PERS funding. I support a responsible, long-term funding approach grounded in sound guidance, prudent investment oversight, and a commitment to meeting the system’s obligations.


Preserve the defined benefit pension. I understand the value of dependable retirement income for families and the role PERS plays in recruiting and retaining public employees.


Listen and communicate. Members deserve accessible representatives, understandable information, and clear explanations of decisions affecting their retirement.


Although I am seeking the municipal employee seat, I recognize that a trustee’s responsibility extends to the

entire system. I will approach that responsibility with preparation, independent judgment, and respect for every member who depends on PERS.


I appreciate MRPEA’s longstanding work to protect retirement security and the opportunity to share my

message with your members.


I respectfully ask eligible municipal employees to vote for Braxton Tullos in the runoff election. If you are not

eligible to vote in this race, I would appreciate your sharing my message with municipal employees you know. Thank you for your service to Mississippi and for considering me for this responsibility.



Sincerely,


Braxton Tullos

Candidate for Municipal Employee Representative

Updates

By Emily Pote • April 3, 2026
Friday, April 3 Update The House and Senate adjourned Sine Die a little before 10 AM on Friday, April 3. At the end of the session, NO FUNDS WERE SENT TO FUND PERS. Not only were they unable to fund the system as they had planned, but they were also unable to fund the system as the actuaries had recommended at this time. The legislature has been repeatedly told by PERS staff, the PERS actuary, the PERS board, and MRPEA that additional funding is needed to sustain benefits for current and future retirees. The actuary recommends funding at the Actuarially Determined Contribution (ADC) level, which is estimated to bring the system to a 99% funded ratio by 2047. In contrast, legislative proposals like SB 2004 only projected a 68.7% funded ratio by 2047, creating a concerning 30% differential from what the actuary actually recommends. MRPEA will continue to urge the House and Senate to collaborate with the PERS Board, staff, and actuary to arrive at a funding plan that will truly stabilize PERS for its 373,393 members. This must include real solutions, such as cash infusions, dedicated revenue streams, and the continuation of incremental increases in the employer contribution rate. As before, please call the Lt. Governor, the Speaker, and your local legislators, and ask them to honor their commitment to PERS 373,393 members and fund the system based on what the actuary has said the system needs!  Lt. Governor Delbert Hosemann - (601) 359-3200 Speaker of the House Jason White - (601) 359-3300 Leave a message for your local legislator with the Capitol switchboard - (601) 359-3770
By Emily Pote • March 25, 2026
Guardian Alert
By Emily Pote • March 6, 2026
MRPEA Member Alert! As you may have heard, all PERS funding bills “officially” died on Tuesday, March 2. While this is disappointing, we want to express our appreciation to both the House and the Senate for actively working to fund PERS this year. We anticipate these efforts will continue during this year’s legislative session. We also extend our sincere gratitude to Senator Blount for his dedicated work to rectify Tier 5. However, we must stress that ultimately, neither the House nor the Senate plans funded the system in the way the actuaries have stressed the system needs to be funded. The legislature has been told repeatedly by the PERS staff, the PERS actuary, the PERS board, and MRPEA that additional funding is needed to sustain benefits for current and future retirees. The actuary recommends funding at the Actuarially Determined Contribution (ADC) level, which is estimated to bring the system to a 99% funded ratio by 2047. In contrast, legislative proposals like SB 2004 only projected a 68.7% funded ratio by 2047, creating a concerning 30% differential from what the actuary actually recommends. To this point, the plans of both the House and the Senate leave the system highly vulnerable. At a recent PERS board meeting, it was noted that, on average, PERS investments experience negative annual returns in two years out of every ten-year period. If the system experiences just a single 8% negative return in 2027, PERS's funded status under SB 2004 is projected to plummet from 56.7% at the end of 2025 down to just 40% in 2047. MRPEA will continue to urge the House and Senate to collaborate with the PERS Board, staff, and actuary to arrive at a funding plan that will truly stabilize PERS for its 373,393 members. This must include real solutions, such as cash infusions, dedicated revenue streams, and the continuation of incremental increases in the employer contribution rate. We need your help NOW! Please call your legislators and ask them to honor their commitment to PERS 373,393 members and fund the system based on what the actuary has said the system needs! Lt. Governor Delbert Hosemann - (601) 359-3200 Speaker of the House Jason White - (601) 359-3300 Leave a message for any legislator with the Capitol switchboard - (601) 359-3770 Thank you for your consideration of this request.  Dr. Kathy Clayton MRPEA President