Bill Text | History of Actions | Amendments | Background | Title |
Description: PERS; make certain technical revisions to the laws governing the retirement system.
Bill Text: [Introduced] [Passed House]
| 1 | 02/20 (H) Referred To Appropriations | |
| 2 | 03/04 (H) Title Suff Do Pass | |
| 3 | 03/11 (H) Passed | |
| 4 | 03/12 (H) Transmitted To Senate | |
| 5 | 03/17 (S) Referred To Finance | |
| 6 | 04/01 (S) Title Suff Do Pass As Amended | |
| 7 | 04/14 (S) Recommitted to Committee | |
| 8 | 04/14 (S) Died In Committee |
| Pending | [S] | Committee Amendment No 1 |
| Effective date | ** See Text | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Senate Committee:
Principal Author: Brown
Code Sections: A 025-0011-0015, A 025-0011-0103, A 025-0011-0105, A 025-0011-0114, A 025-0011-0137, A 025-0013-0012, A 025-0013-0013, A 021-0029-0045, A 021-0029-0145, A 021-0029-0147, A 021-0029-0255
Title: AN ACT TO CREATE NEW SECTION 21-29-327, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO ASSESS INTEREST ON DELINQUENT PAYMENTS FROM MUNICIPALITIES WHOSE RETIREMENT FUNDS IT ADMINISTERS; TO AUTHORIZE THE BOARD TO SUE MUNICIPALITIES FOR THOSE DELINQUENT PAYMENTS AND INTEREST IN A COURT OF COMPETENT JURISDICTION; TO CREATE NEW SECTION 21-29-329, MISSISSIPPI CODE OF 1972, TO AUTHORIZE MUNICIPALITIES THAT HAVE A RETIREMENT FUND ADMINISTERED BY THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO ADOPT A RESOLUTION TO ALLOW THOSE SPOUSES WHO ARE RECEIVING RETIREMENT BENEFITS TO CONTINUE TO RECEIVE SPOUSE RETIREMENT BENEFITS FOR LIFE EVEN IF THE SPOUSE REMARRIES; TO PROVIDE THAT THE RESOLUTION ALSO MAY PROVIDE THAT SURVIVING SPOUSES OF DECEASED MEMBERS WHO RECEIVED SPOUSE RETIREMENT BENEFITS THAT WERE TERMINATED UPON REMARRIAGE TO AGAIN RECEIVE SPOUSE RETIREMENT BENEFITS; TO PROVIDE THE CONDITIONS MUST BE MET IN ORDER FOR THE BENEFITS TO BE REINSTATED; TO AMEND SECTIONS 25-11-15, 25-11-103, 25-11-105, 25-11-114, 25-11-137, 25-13-12 AND 25-13-13, MISSISSIPPI CODE OF 1972, TO REMOVE CERTAIN RESTRICTIONS ON THE PURCHASE OF COMPUTER SOFTWARE AND EQUIPMENT BY THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO REVISE DEFINITIONS UNDER THE LAWS GOVERNING THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO CLARIFY THAT THE TERMS "AVERAGE COMPENSATION" AND "EARNED COMPENSATION" DO NOT INCLUDE NONTAXABLE AMOUNTS PAID BY THE EMPLOYER FOR HEALTH AND LIFE INSURANCE, TO PROVIDE THAT CERTAIN AMOUNTS LAWFULLY PAID IN A LUMP SUM FOR MAJOR MEDICAL LEAVE SHALL BE INCLUDED IN THE CALCULATION OF AVERAGE COMPENSATION, AND TO PROVIDE THAT THE TERM "BENEFICIARY" MAY INCLUDE AN ORGANIZATION, ESTATE, TRUST OR ENTITY UNDER CERTAIN CIRCUMSTANCES; TO MAKE IT CLEAR THAT THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM MAY SUE FOR DELINQUENT PAYMENTS AND OTHER AMOUNTS CERTIFIED BY THE BOARD AS OWED BY THE EMPLOYER; TO REQUIRE THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO ALLOW THOSE SPOUSES WHO ARE RECEIVING RETIREMENT BENEFITS TO CONTINUE TO RECEIVE SPOUSE RETIREMENT BENEFITS FOR LIFE EVEN IF THE SPOUSE REMARRIES, AND TO ALLOW SURVIVING SPOUSES OF DECEASED MEMBERS WHO RECEIVED SPOUSE RETIREMENT BENEFITS THAT WERE TERMINATED UPON REMARRIAGE TO AGAIN RECEIVE SPOUSE RETIREMENT BENEFITS; TO PROVIDE THAT A LAW ENFORCEMENT OFFICER OR FIREMAN WHO CHANGES EMPLOYMENT AND TRANSFERS RETIREMENT SERVICE CREDIT OR FUNDS TO ANOTHER RETIREMENT SYSTEM ADMINISTERED BY THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM MAY DO SO IMMEDIATELY, BUT THE AMOUNTS SO TRANSFERRED MAY NOT BE USED IN ANY BENEFIT CALCULATION OR DETERMINATION OF THE ELIGIBILITY FOR BENEFITS UNTIL THE PERSON HAS REMAINED A CONTRIBUTING MEMBER OF THE RETIREMENT SYSTEM TO WHICH HE IS TRANSFERRING FOR THE MINIMUM PERIOD NECESSARY TO QUALIFY FOR A MONTHLY RETIREMENT ALLOWANCE OR BENEFIT; TO PROVIDE THAT RETIRED MEMBERS OF THE HIGHWAY PATROL RETIREMENT SYSTEM WHO ARE REEMPLOYED AND WHO PREVIOUSLY QUALIFIED FOR A COST OF LIVING ALLOWANCE SHALL BE ELIGIBLE IMMEDIATELY FOR THE COST OF LIVING ALLOWANCE UPON A LATER RETIREMENT; TO AMEND SECTIONS 21-29-45, 21-29-145, 21-29-147 AND 21-29-255, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.
End Of Document
2004/html/History/HB/HB1149.htm