Steve Simpson out as overseer of SRHS pension after conflict

SRHS pension overseer is out. The replacement comes at no cost to the retirees.

In a major court development for the Singing River Health System failed pension, a judge removed attorney and former judge Steve Simpson from overseeing the finances of the plan.

The judge said Simpson created a conflict of interest when he joined the law firm of Wise Carter….

…In an effort to help, Chancery Clerk Josh Eldridge — a from state auditor, a CPA and the county comptroller who is very familiar with the case — offered to be the overseer in the interim.

Eldridge said he’s a public servant already and there would be no need to charge the pension for his services.

SunHerald
9/28/17