MS SB2497 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on January 31 2017 - 100% progression
Action: 2017-01-31 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Sections 25-11-105, 25-11-109 And 25-13-21, Mississippi Code Of 1972, To Remove Language Regarding Membership In The Public Employees' Retirement System Regarding A Specific Community Hospital That No Longer Exists; To Simplify The Language Regarding The Purchase Of Certain Service Credit In The Public Employees' Retirement System And Highway Safety Patrol Retirement System By Removing Language That Specifies The Increments In Which The Payment For Such Credit Must Be Made; To Amend Sections 25-11-115 And 25-13-16, Mississippi Code Of 1972, To Clarify To Whom Shall Be Paid The Actuarial Equivalent Of Any Remaining Payments Under Option 4b Of The Public Employees' Retirement System And The Highway Safety Patrol Retirement System; To Amend Sections 25-11-117 And 25-11-311, Mississippi Code Of 1972, To Provide That If A Person Who Has Received A Refund From The Public Employees' Retirement System Or The Supplemental Legislative Retirement System Reinters State Service Or Is Reelected On Or After July 1, 2007, And Repays All Or A Part Of The Amount Previously Received As A Refund, The Amounts That Are Repaid And The Creditable Service Related Thereto Shall Not Be Used In Any Benefit Calculation Until The Member Has Remained A Contributor To The System For 8 Years; To Amend Section 25-3-39, Mississippi Code Of 1972, To Exempt The Executive Director Of The Public Employees' Retirement System And The Chief Investment Officer Of The Public Employees' Retirement System From The Governor's Salary Cap; And For Related Purposes.

Tracking Information

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Title

Retirement; make certain technical revisions to PERS, SLURP and Highway Patrol & exempt exec. dir. from salary cap.

Sponsors


History

DateChamberAction
2017-01-31SenateDied In Committee
2017-01-16SenateReferred To Finance

Mississippi State Sources


Bill Comments

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