2026
Regular Session
PERS; allow Tier 5 members to receive 3% COLA, but not to exceed $15,000.00 in any single year.
AN ACT TO AMEND SECTION 25-11-112, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY MEMBER OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF MISSISSIPPI WHO BECAME A MEMBER OF THE SYSTEM ON OR AFTER MARCH 1, 2026, SHALL RECEIVE A 3% COST-OF-LIVING ADJUSTMENT, EXCEPT THAT SUCH AMOUNT SHALL NOT EXCEED $15,000.00 IN ANY YEAR; TO PROVIDE THAT, EVERY THREE YEARS, THE LEGISLATURE MAY EVALUATE WHETHER THIS MAXIMUM DOLLAR AMOUNT SHALL BE RAISED DUE TO THE RATE OF INFLATION; AND FOR RELATED PURPOSES.
02/03/26 at 19:05
S
B
2903
Senate Bill 2903
SB 2903
S
Dead
General Bill/Constitutional Amendment
No
Majority
March 1, 2026
Finance
T
../../Senate_cmtes/FI.xml
Barnett
../../Senate_authors/Barnett.xml
A
../../code_sections/025/00110112.xml
1
01/19 (S) Referred To Finance
2
02/03 (S) Died In Committee
../../../../documents/2026/pdf/SB/2900-2999/SB2903IN.pdf
../../../../documents/2026/dt/SB/2900-2999/SB2903IN.pdf
../../../../documents/2026/html/SB/2900-2999/SB2903IN.htm
../../../../documents/2026/pdf/SB/2900-2999/SB2903IN.pdf
../../../../documents/2026/dt/SB/2900-2999/SB2903IN.pdf
../../../../documents/2026/html/SB/2900-2999/SB2903IN.htm
N
../../../../documents/2026/pdf/fiscalnotes/SB2903.pdf