SUMMARY: Service Specialists, Ltd. and HORNE Federal, two Mississippi-based companies, have formed SSHF, a partnership to assist small businesses in securing government contracts. Supported by the U.S. Small Business Administration, SSHF combines Service Specialists' entrepreneurial skills with HORNE Federal's industry experience to offer government clients services such as financial management, disaster recovery, and regulatory compliance. They aim to innovate and set new industry standards while fostering growth in Mississippi and beyond. Their collaboration during the COVID-19 pandemic proved successful and the venture is now headquartered in Madison County, aspiring to be a top federal government support provider.

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SUMMARY: Mississippi's public employees' retirement system (PERS) will see financial changes as Senate Bill 3231 heads to Gov. Tate Reeves' desk. The bill prevents a 2% employer rate increase in July 2024, substituting it with a 0.5% hike each year until 2028. Future rate changes by the PERS Board will require two independent actuarial assessments and legislative approval. House Speaker Jason White affirmed that the measure, intended to address a potential $25 billion funding issue, won't affect current employees or retirees but aims to ensure financial obligations can be met without burdening taxpayers. Further PERS reforms may be considered in 2025.

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SUMMARY: Forecast for Mississippi: Cloudy skies with showers and thunderstorms are expected across the state. In Northern and Central Mississippi, highs will reach the mid to upper 70s, while Southern Mississippi may see lower 80s. Locally heavy rainfall could occur, especially in the afternoon. Patchy fog could develop after midnight with lows in the lower 60s for the northern region and lower to mid-60s for central and southern parts. Stay updated by subscribing to the local newsletter.

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