Mississippi Legislature
2005 Regular Session

House Bill 1241

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Bill Text

History of Actions

Background

Title

Description: Elected officials; allow PERS retirees serving as to receive retirement allowance while holding office.

Bill Text: [Introduced]

History of Actions:

1 01/17 (H) Referred To Appropriations
2 02/01 (H) Died In Committee

Background Information:

Effective dateVRA\** See Text
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Banks

Code Sections: A 025-0011-0103, A 025-0011-0105, A 025-0011-0117, A 025-0011-0127

Title: AN ACT TO CREATE NEW SECTION 25-11-126, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT PERSONS RECEIVING A RETIREMENT ALLOWANCE FROM THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHO ARE ELECTED TO PUBLIC OFFICE IN THE STATE SERVICE AFTER RETIREMENT, AND ELECTED OFFICIALS IN THE STATE SERVICE WHO BECOME ELIGIBLE TO RECEIVE A RETIREMENT ALLOWANCE FROM THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHILE HOLDING OFFICE, MAY RECEIVE A RETIREMENT ALLOWANCE FROM THE SYSTEM WHILE HOLDING OFFICE IN ADDITION TO RECEIVING THE REGULAR COMPENSATION FOR THAT OFFICE; TO PROVIDE THAT THOSE PERSONS SHALL NOT BE ACTIVE MEMBERS OF THE RETIREMENT SYSTEM AND SHALL NOT RECEIVE ANY CREDITABLE SERVICE FOR THE PERIOD DURING WHICH THEY RECEIVE A RETIREMENT ALLOWANCE WHILE HOLDING OFFICE; TO PROVIDE THAT EMPLOYEE CONTRIBUTIONS SHALL BE DEDUCTED AND EMPLOYER CONTRIBUTIONS SHALL BE MADE FOR THOSE PERSONS FOR THE PERIOD DURING WHICH THEY RECEIVE A RETIREMENT ALLOWANCE WHILE HOLDING OFFICE; TO AMEND SECTIONS 25-11-103, 25-11-105 AND 25-11-127, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; TO AMEND SECTION 25-11-117, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY PERSON WHO RECEIVED A RETIREMENT ALLOWANCE WHILE HOLDING OFFICE IN THE STATE SERVICE MAY NOT RECEIVE A REFUND OF EMPLOYEE CONTRIBUTIONS THAT WERE MADE DURING THAT PERIOD OF SERVICE; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/01/05 at 18:17.

End Of Document
2005/pdf/History/HB/HB1241.htm