McCoy to chair, Fitch to vice chair PERS Board of Trustees

July 5, 2016

Dr. Randy D. McCoy has transitioned from vice chairman to chairman of the Board of Trustees of the Public Employees’ Retirement System of Mississippi (PERS) for fiscal year 2017, which began July 1.

McCoy is a retired superintendent of Tupelo Public Schools and a board retiree representative. He previously served as board vice chairman for the 2016 fiscal year. At the Board’s June 28 meeting, McCoy became chairman for fiscal year 2017, succeeding Lee County’s Chancery Clerk Bill Benson. ​

The PERS Board elected Mississippi Treasurer Lynn Fitch as its new vice chairman.

The chairman presides at board meetings, appoints members of board committees, and can call special meetings. The vice chairman transitions to chairman after a year and serves as chairman when the current chairman is absent.

The 10-member Board includes the state Treasurer, a gubernatorial appointee who is a member of PERS, two retirees, two state employees, and one representative each of public schools and community/junior colleges, Institutions of Higher Learning, counties and municipalities. With the exception of the state Treasurer and the gubernatorial appointee, board members are elected to staggered six-year terms.