Bill Text | History of Actions | Background | Title |
Description: Retirement; vocational education teachers may purchase credit for prior work experience.
Bill Text: [Introduced]
| 1 | 01/10 (H) Referred To Appropriations | |
| 2 | 02/05 (H) Died In Committee |
| Effective date | July 1, 2002 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Montgomery (15th)
Code Section: A 025-0011-0109
Title: AN ACT TO AMEND SECTION 25-11-109, MISSISSIPPI CODE OF 1972, TO ALLOW ANY MEMBER OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHO IS A TEACHER OF VOCATIONAL EDUCATION IN A MISSISSIPPI PUBLIC SCHOOL TO RECEIVE CREDITABLE SERVICE FOR WORK EXPERIENCE IN THE PRIVATE SECTOR IN THE SAME FIELD OF THE MEMBER'S VOCATIONAL EDUCATION INSTRUCTION BEFORE BECOMING A VOCATIONAL EDUCATION TEACHER; TO PROVIDE THAT THE MEMBER WILL RECEIVE FOUR MONTHS OF CREDITABLE SERVICE FOR EVERY TWELVE MONTHS OF WORK EXPERIENCE; TO REQUIRE THE MEMBER TO PAY TO THE RETIREMENT SYSTEM THE ACTUARIAL COST OF THAT CREDITABLE SERVICE; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB0497.htm