MS SB2399 | 2015 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Failed on February 3 2015 - 100% progression
Action: 2015-02-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Sections 25-11-112 And 25-13-12, Mississippi Code Of 1972, To Provide That Members Of The Public Employees' Retirement System Who Retire On Or After July 1, 2018, Shall Receive The Cost-of-living Adjustment (cola) In 12 Monthly Installments; To Provide That For Members Of The System Who Retire On Or After July 1, 2015, The Cola Shall Be Based On Each Full Fiscal Year That The Retired Member Or Beneficiary Has Actually Drawn A Retirement Allowance From The Date Of Retirement, Or The Date Of Last Retirement If There Is More Than One Retirement Date; And For Related Purposes.

Tracking Information

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Title

Retirement; COLA shall be paid to members of PERS and MHPRS who retire on or after July 1, 2018, in 12 equal monthly installments.

Sponsors


History

DateChamberAction
2015-02-03SenateDied In Committee
2015-01-19SenateReferred To Finance

Mississippi State Sources


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