Bill Text | History of Actions | Background | Title |
Description: Retirement; increase employee contributions and benefits under SLRP, with employee paying full cost of increase.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Appropriations | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Green
Code Sections: A 025-0011-0307, A 025-0011-0309
Title: AN ACT TO AMEND SECTION 25-11-307, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF EMPLOYEE CONTRIBUTIONS UNDER THE SUPPLEMENTAL LEGISLATIVE RETIREMENT PLAN; TO AMEND SECTION 25-11-309, MISSISSIPPI CODE OF 1972, TO INCREASE THE PERCENTAGE USED TO CALCULATE THE AMOUNT OF A RETIREMENT ALLOWANCE FROM THE SUPPLEMENTAL LEGISLATIVE RETIREMENT PLAN; TO REMOVE THE CAP ON THE AGGREGATE AMOUNT OF A RETIREMENT ALLOWANCE THAT A RETIREE MAY RECEIVE FROM THE SUPPLEMENTAL LEGISLATIVE RETIREMENT PLAN AND THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO PROVIDE THAT ANY MEMBER OF THE SUPPLEMENTAL LEGISLATIVE RETIREMENT PLAN ON JULY 1, 2001, MAY ELECT NOT TO PAY THE INCREASED PERCENTAGE OF EMPLOYEE CONTRIBUTIONS AND NOT TO RECEIVE THE INCREASED PERCENTAGE OF THE RETIREMENT ALLOWANCE PROVIDED BY THIS ACT; AND FOR RELATED PURPOSES.
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2001/html/History/HB/HB1061.htm