Bill Text | History of Actions | Amendments | Background | Title |
Description: PERS; make certain technical revisions to laws governing the retirement system.
Bill Text: [Introduced] [Passed House] [Sent to Governor]
1 | 01/21 (H) Referred To Appropriations | |
2 | 01/31 (H) Title Suff Do Pass | |
3 | 02/06 (H) Passed | |
4 | 02/06 (H) Motion to Reconsider Entered | |
5 | 02/12 (H) Motion to Reconsider Tabled | |
6 | 02/13 (H) Transmitted To Senate | |
7 | 02/18 (S) Referred To Finance | |
8 | 03/05 (S) Title Suff Do Pass As Amended | |
9 | 03/13 (S) Amended | |
10 | 03/13 (S) Passed As Amended | |
11 | 03/14 (S) Motion to Reconsider Entered | |
12 | 03/14 (S) Motion to Reconsider Tabled | |
13 | 03/18 (S) Returned For Concurrence | |
14 | 03/19 (H) Decline to Concur/Invite Conf | |
15 | 03/21 (H) Conferees Named Capps,Read,Stringer | |
16 | 03/27 (S) Conferees Named Minor,Bryan,Tollison | |
17 | 04/01 (H) Conference Report Filed | |
18 | 04/01 (S) Conference Report Filed | |
19 | 04/02 (S) Recommitted For Further Conf | |
20 | 04/02 (H) Recommitted For Further Conf | |
21 | 04/03 (H) Conference Report Filed | |
22 | 04/04 (S) Conference Report Filed | |
23 | 04/04 (S) Conference Report Adopted | |
24 | 04/04 (H) Conference Report Adopted | |
25 | 04/05 (S) Motion to Reconsider Entered | |
26 | 04/05 (S) Motion to Reconsider Tabled | |
27 | 04/05 (H) Enrolled Bill Signed | |
28 | 04/08 (S) Enrolled Bill Signed | |
29 | 04/25 Approved by Governor |
Adopted | [S] | Amendment No 1 |
Adopted | [S] | Amendment No 1 to Amendment No 1 |
Adopted | [S] | Amendment No 2 to Amendment No 1 |
Divided | [S] | Amendment No 3 to Amendment No 1 |
Adopted | [S] | Amendment No 4 to Amendment No 1 |
Effective date | ** See Text | |
Disposition | Law | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority | |
Chapter number | 627 |
House Committee:
Senate Committee:
Principal Author: Stringer
Code Sections: A 025-0011-0103, A 025-0011-0105, A 025-0011-0109, A 025-0011-0112, A 025-0011-0113, A 025-0011-0115, A 025-0011-0120, A 025-0011-0123, A 025-0011-0127, A 025-0011-0133, A 025-0011-0309, A 025-0013-0016, A 025-0013-0017, A 025-0013-0029, A 025-0013-0033, A 021-0029-0301, A 021-0029-0317, A 021-0029-0323
Title: AN ACT TO CREATE A NEW CODE SECTION TO BE CODIFIED AS SECTION 37-101-30, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF TRUSTEES OF STATE INSTITUTIONS OF HIGHER LEARNING TO IMPLEMENT A RETIREMENT INCENTIVE PROGRAM FOR FACULTY AND STAFF OF INSTITUTIONS OF HIGHER LEARNING; TO CREATE NEW SECTIONS TO BE CODIFIED AS SECTIONS 25-11-111.1, 25-13-11.1 AND 21-29-325, MISSISSIPPI CODE OF 1972, TO REQUIRE THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO PAY RETIREMENT BENEFITS TO MEMBERS WHO RETIRE ON OR AFTER JANUARY 1, 2003, AND THEIR BENEFICIARIES BY MEANS OF DIRECT DEPOSIT UNLESS THE MEMBER OR BENEFICIARY CAN DEMONSTRATE THAT PAYMENT BY MEANS OF DIRECT DEPOSIT WILL CAUSE THE MEMBER OR BENEFICIARY UNDUE HARDSHIP; TO AMEND SECTIONS 25-11-103, 25-11-105, 25-11-109, 25-11-112, 25-11-113, 25-11-115, 25-11-120, 25-11-123, 25-11-127, 25-11-133, 25-11-309, 25-13-16, 25-13-17, 25-13-29, 25-13-33, 21-29-301, 21-29-317 AND 21-29-323, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF THE TERM "AVERAGE COMPENSATION" UNDER THE LAWS GOVERNING THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO INCREASE THE MAXIMUM AMOUNT THAT MAY BE CONSIDERED AVERAGE COMPENSATION; TO REVISE THE DEFINITION OF THE TERM "EARNED COMPENSATION" UNDER THE LAWS GOVERNING THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO INCREASE THE MAXIMUM AMOUNT THAT MAY BE EARNED ANNUALLY AND BE CONSIDERED EARNED COMPENSATION FOR PURPOSE OF RETIREMENT, TO REVISE THE MANNER IN WHICH THE COMPENSATION OF FEE PAID OFFICIALS IS TREATED FOR PURPOSES OF EARNED COMPENSATION; TO PROVIDE THAT FROM AND AFTER JULY 1, 2002, INDIVIDUALS WHO ARE EMPLOYED BY A GOVERNMENTAL ENTITY TO PERFORM PROFESSIONAL SERVICES ON LESS THAN A FULL-TIME BASIS SHALL BECOME MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM IF THEY ARE PAID REGULAR PERIODIC COMPENSATION THAT IS SUBJECT TO PAYROLL TAXES, THEY ARE PROVIDED ALL OTHER EMPLOYEE BENEFITS AND THEY MEET MEMBERSHIP CRITERIA ESTABLISHED BY THE BOARD OF TRUSTEES THAT APPLY TO ALL OTHER MEMBERS; TO PROVIDE THAT ACTIVE MEMBERS EMPLOYED ON LESS THAN A FULL-TIME BASIS SHALL CONTINUE TO BE ACTIVE MEMBERS FOR AS LONG AS THEY CONTINUE TO BE EMPLOYED IN THAT POSITION; TO PROVIDE THAT MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHO SERVED IN THE COMMISSIONED CORPS OF THE UNITED STATES PUBLIC HEALTH SERVICE PRIOR TO 1972 SHALL BE ENTITLED TO A CERTAIN AMOUNT OF CREDITABLE SERVICE FOR SUCH SERVICE; TO CONFORM TO FEDERAL LAW THE AMOUNT OF TIME WITHIN WHICH PAYMENTS MUST BE MADE FOR EMPLOYEE CONTRIBUTIONS FOR SERVICE INTERRUPTED BY QUALIFIED MILITARY SERVICE BY MEMBERS OF ALL SYSTEMS ADMINISTERED BY THE BOARD OF TRUSTEES; TO AUTHORIZE THE BOARD OF TRUSTEES TO CHANGE THE MANNER IN WHICH MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM RECEIVE THE COST OF LIVING ADJUSTMENT IF THE CURRENT MANNER OF PAYMENT WILL CAUSE A FINANCIAL HARDSHIP TO THE RETIRED MEMBER OR HIS BENEFICIARY; TO AUTHORIZE MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHO BECOME ELIGIBLE FOR SERVICE RETIREMENT BENEFITS WHILE PURSUING A DISABILITY RETIREMENT ALLOWANCE TO ELECT TO RECEIVE A SERVICE RETIREMENT ALLOWANCE PENDING A DETERMINATION ON ELIGIBILITY FOR A DISABILITY RETIREMENT ALLOWANCE AND TO PROVIDE THAT NO PERSON MAY APPLY FOR A DISABILITY RETIREMENT ALLOWANCE AFTER THE PERSON BEGINS TO RECEIVE A SERVICE RETIREMENT ALLOWANCE; TO PROVIDE THAT RETIREMENT OPTION 4-C SHALL NOT BE AVAILABLE TO RETIREES WHO RETIRE EFFECTIVE ON OR AFTER JULY 1, 2004; TO PROVIDE THAT MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM WHO ARE PURSUING A DISABILITY RETIREMENT ALLOWANCE AND SIMULTANEOUSLY OR SUBSEQUENTLY ELECT TO BEGIN RECEIVING A RETIREMENT ALLOWANCE WHILE CONTINUING TO PURSUE A DISABILITY RETIREMENT ALLOWANCE SHALL NOT BE ELIGIBLE TO SELECT OPTION 4-C OR OPTION 6; TO REVISE THE MANNER IN WHICH THE RETIREMENT ALLOWANCE IS CALCULATED IF A RETIRED MEMBER MARRIES AND ELECTS TO RECEIVE A REDUCED BENEFIT; TO PROVIDE THAT FROM AND AFTER JANUARY 1, 2003, IF THERE IS AN ELECTION OF OPTION 6 AFTER AGE 65, THE ACTUARIAL EQUIVALENT FACTOR BASED ON THE RETIREE'S AGE AT THE TIME OF RETIREMENT SHALL BE USED TO CALCULATE THE REDUCED MAXIMUM MONTHLY RETIREMENT ALLOWANCE; TO PROVIDE THAT IN THE CASE OF DISABILITY APPEALS UNDER THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM, THE HEARING OFFICER SHALL HAVE THE AUTHORITY TO DEFER A DECISION IN ORDER TO REQUEST A MEDICAL EVALUATION OR TEST OR ADDITIONAL EXISTING MEDICAL RECORDS NOT PREVIOUSLY FURNISHED BY THE CLAIMANT; TO PROVIDE THAT MEMBERS OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM MAY CONTINUE IN MUNICIPAL OR COUNTY OFFICE OR BE ELECTED TO A MUNICIPAL OR COUNTY OFFICE WITHOUT WAIVING THE SALARY FOR THAT OFFICE IF THE COMPENSATION RECEIVED FOR THE OFFICE DOES NOT EXCEED 25% OF THE RETIREE'S AVERAGE COMPENSATION; TO CLARIFY THE RESPONSIBILITY OF CHANCERY AND CIRCUIT CLERKS TO MAKE CERTAIN EMPLOYER AND EMPLOYEE CONTRIBUTIONS TO THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO CONFORM THE MAXIMUM AMOUNT OF COMPENSATION THAT MAY BE CONSIDERED FOR THE PURPOSE OF ALL PLANS ADMINISTERED BY THE BOARD OF TRUSTEES TO FEDERAL LAW REQUIREMENTS; TO PROVIDE THAT MEMBERS UNDER THE SUPPLEMENTAL LEGISLATIVE RETIREMENT PLAN SHALL BE SUBJECT TO THE SAME MAXIMUM RETIREMENT BENEFIT LIMITATION AS MEMBERS UNDER OTHER PLANS ADMINISTERED BY THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM; TO PROVIDE THAT THE MEDICAL BOARD IS NOT REQUIRED TO CONDUCT A MEDICAL EXAMINATION OF APPLICANTS FOR DISABILITY RETIREMENT UNDER THE HIGHWAY SAFETY PATROL RETIREMENT SYSTEM; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB1148.htm