Bill Text | History of Actions | Amendments | Background | Title |
Description: Retirement; increase number of years required to vest in PERS for persons becoming members on or after July 1, 2007.
Bill Text: [Introduced] [Passed Senate]
| 1 | 01/15 (S) Referred To Finance | |
| 2 | 01/25 (S) Title Suff Do Pass | |
| 3 | 02/07 (S) Passed {Vote} | |
| 4 | 02/08 (S) Transmitted To House | |
| 5 | 02/12 (H) Referred To Appropriations | |
| 6 | 02/22 (H) Title Suff Do Pass As Amended | |
| 7 | 02/28 (H) Amended | |
| 8 | 02/28 (H) Passed As Amended {Vote} | |
| 9 | 03/01 (H) Returned For Concurrence | |
| 10 | 03/15 (S) Decline to Concur/Invite Conf | |
| 11 | 03/20 (H) Conferees Named Stringer,Brown,Read | |
| 12 | 03/20 (S) Conferees Named Robertson,King,Mettetal | |
| 13 | 03/26 (S) Died In Conference |
| Adopted | [H] | Committee Amendment No 1 Voice Vote |
| [H] | Amendment Report for Senate Bill No. 2821 |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
Senate Committee:
House Committee:
Principal Author: Robertson
Code Sections: A 025-0011-0103, A 025-0011-0105, A 025-0011-0109, A 025-0011-0111, A 025-0011-0113, A 025-0011-0114, A 025-0011-0115, A 025-0011-0117, A 025-0011-0311, A 025-0011-0315, A 025-0011-0123, A 025-0011-0141, A 025-0015-0003, A 025-0015-0009, A 025-0015-0011, A 025-0015-0014, A 025-0015-0015, RP 025-0011-0143, RP 025-0011-0145
Title: AN ACT TO AMEND SECTIONS 25-11-103, 25-11-105, 25-11-109, 25-11-111, 25-11-113, 25-11-114, 25-11-115, 25-11-117, 25-11-311 AND 25-11-315, MISSISSIPPI CODE OF 1972, TO INCREASE THE NUMBER OF YEARS OF MEMBERSHIP SERVICE REQUIRED TO VEST IN THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM FROM FOUR YEARS TO EIGHT YEARS FOR PERSONS WHO BECOME MEMBERS OF THE SYSTEM ON OR AFTER JULY 1, 2007; TO LIMIT THE SELECTION OF THE PARTIAL LUMP-SUM DISTRIBUTION OPTION TO THOSE WHO HAVE 28 OR MORE YEARS OF CREDITABLE SERVICE AT THE TIME OF RETIREMENT FOR PERSONS WHO BECOME MEMBERS OF THE SYSTEM ON OR AFTER JULY 1, 2007; TO CONFORM THE USE OF THE TERMS "MEMBERSHIP SERVICE" AND "CREDITABLE SERVICE"; TO DELETE OBSOLETE LANGUAGE REGARDING THE PHASE-IN OF THE NEW RETIREMENT FORMULA AND REFERENCES TO OPTION 4-C, WHICH IS NO LONGER AVAILABLE; TO AMEND SECTIONS 25-11-123, 25-11-141, 25-15-3, 25-15-9, 25-15-11, 25-15-14 AND 25-15-15, MISSISSIPPI CODE OF 1972, TO REMOVE CERTAIN PROVISIONS REGARDING THE IMPLEMENTATION OF A PLAN OF HEALTH INSURANCE DESIGNED BY THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES RETIREMENT SYSTEM; TO REPEAL SECTIONS 25-11-143 AND 25-11-145, MISSISSIPPI CODE OF 1972, WHICH REQUIRE THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES RETIREMENT SYSTEM TO DESIGN A PLAN OF HEALTH INSURANCE FOR ALL CURRENT AND FUTURE RETIREES AND PROVIDE WHEN SUCH PLAN SHALL BE IMPLEMENTED; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/SB/SB2821.htm