[Introduced] [Committee Substitute] [Passed House]
History of Actions | Background | Title |
Description: Retirement; revise calculation of PERS additional annual payment.
| 1 | 01/19/98 | (H) | Referred To Appropriations | |
| 2 | 02/03/98 | (H) | Title Suff Do Pass Comm Sub | |
| 3 | 02/04/98 | (H) | Committee Substitute Adopted | |
| 4 | 02/04/98 | (H) | Passed | |
| 5 | 02/09/98 | (H) | Transmitted To Senate | |
| 6 | 02/11/98 | (S) | Referred To Finance | |
| 7 | 03/27/98 | Suspend from Deadlines by HC 109 | ||
| 8 | 04/05/98 | (S) | Died In Committee |
| Effective date | July 1, 1998 | |
| Disposition | Dead | |
| Deadline | None | |
| Revenue | No | |
| 3/5ths vote required | No | |
| Suspension measure | HC 109 |
House Committee:
Senate Committee:
Principal Author: Perry
Additional Author: McCoy
Code Section: A 025-0011-0112
Title: 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.
End Of Document
1998/History/HB\HB1399.htm