MISSISSIPPI LEGISLATURE

1998 Regular Session

To: Rules

By: Senator(s) Dearing, Burton

Senate Concurrent Resolution 636

(As Adopted by Senate)

A CONCURRENT RESOLUTION SUSPENDING THE DEADLINES FOR THE PURPOSE OF THE FURTHER CONSIDERATION AND PASSAGE OF HOUSE BILL NO. 1399, 1998 REGULAR SESSION, ENTITLED "AN ACT TO AMEND SECTION 25-11-112, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MEMBERS WHO ARE RECEIVING A RETIREMENT ALLOWANCE FOR SERVICE OR DISABILITY, OR BENEFICIARIES THEREOF, ON JULY 1, 1998, AND EACH JULY 1 THEREAFTER, WHO HAVE BEEN RETIRED FOR AT LEAST ONE FULL FISCAL YEAR, SHALL RECEIVE AN ADDITIONAL ANNUAL PAYMENT EQUAL TO THE ANNUAL RETIREMENT ALLOWANCE COMPOUNDED ANNUALLY BY 2.6% BEGINNING THE FIRST JULY 1 FOLLOWING THE FIRST FULL FISCAL YEAR OF RETIREMENT; AND FOR RELATED PURPOSES." 

BE IT RESOLVED BY THE SENATE OF THE STATE OF MISSISSIPPI, THE HOUSE OF REPRESENTATIVES CONCURRING THEREIN, That the following bill is hereby exempt from the timetable for consideration of bills provided by Joint Rule No. 40, and that consent is hereby given for further consideration of House Bill No. 1399, 1998 Regular Session, entitled "AN ACT TO AMEND SECTION 25-11-112, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MEMBERS WHO ARE RECEIVING A RETIREMENT ALLOWANCE FOR SERVICE OR DISABILITY, OR BENEFICIARIES THEREOF, ON JULY 1, 1998, AND EACH JULY 1 THEREAFTER, WHO HAVE BEEN RETIRED FOR AT LEAST ONE FULL FISCAL YEAR, SHALL RECEIVE AN ADDITIONAL ANNUAL PAYMENT EQUAL TO THE ANNUAL RETIREMENT ALLOWANCE COMPOUNDED ANNUALLY BY 2.6% BEGINNING THE FIRST JULY 1 FOLLOWING THE FIRST FULL FISCAL YEAR OF RETIREMENT; AND FOR RELATED PURPOSES."