MS SB2613 | 2026 | Regular Session

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 3)
Status: Failed on March 3 2026 - 100% progression
Action: 2026-03-03 - Died In Committee
Text: Latest bill text (Engrossed) [HTML]

Summary

An Act To Require The Board Of Trustees Of The Public Employees' Retirement System Of Mississippi To Open, Maintain And Manage An Account That Shall Be Designated The Pers Tier 5 Cola Account; To Require The Board To Manage The Monies In The Pers Tier 5 Cola Account Pursuant To Applicable Laws And The Rules And Regulations Of The Board Of Trustees Of The Public Employees' Retirement System Of Mississippi As Trustee Of These Monies; To Require The State Treasurer, In Conjunction With The State Fiscal Officer, On July 1, 2026, And On Every July 1 Thereafter Through And Including July 1, 2035, To Transfer $5,000,000.00 From The State General Fund To The Additional Annual Benefit For Tier 5 Fund; And For Related Purposes.

Tracking Information

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Title

PERS Tier 5 Cola Account; create and direct transfers to.

Sponsors


Roll Calls

2026-02-05 - Senate - Senate Passed (Y: 37 N: 11 NV: 4 Abs: 0) [PASS]

History

DateChamberAction
2026-03-03HouseDied In Committee
2026-02-06HouseReferred To State Affairs;Accountability, Efficiency, Transparency
2026-02-06SenateTransmitted To House
2026-02-05SenateImmediate Release
2026-02-05SenatePassed
2026-01-22SenateTitle Suff Do Pass
2026-01-19SenateReferred To Finance

Mississippi State Sources


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