Mississippi Legislature
2001 Regular Session

House Bill 1096

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Bill Text

History of Actions

Background

Title

Description: Retirement; allow PERS retiree serving as local elected or appointed official to receive retirement allowance.

Bill Text: [Introduced]

History of Actions:

1 01/15 (H) Referred To Appropriations
2 01/30 (H) Died In Committee

Background Information:

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

House Committee:

Principal Author: Mayo

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 OR APPOINTED TO A PUBLIC OFFICE IN A POLITICAL SUBDIVISION OR INSTRUMENTALITY THEREOF AFTER RETIREMENT, AND PERSONS WHO ARE ELECTED OR APPOINTED OFFICIALS IN A PUBLIC OFFICE IN A POLITICAL SUBDIVISION OR INSTRUMENTALITY THEREOF ON THE EFFECTIVE DATE OF THIS ACT WHO BECOME ELIGIBLE TO RECEIVE A RETIREMENT ALLOWANCE FROM THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHILE HOLDING THAT OFFICE, MAY RECEIVE A RETIREMENT ALLOWANCE FROM THE SYSTEM WHILE HOLDING THAT OFFICE IN ADDITION TO RECEIVING TWO-THIRDS OF 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 WITH 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 A POLITICAL SUBDIVISION OR INSTRUMENTALITY THEREOF 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 01/30/01 at 18:19.

End Of Document
2001/html/History/HB/HB1096.htm