MS HB1 | 2010 | 1st Special Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Passed on May 21 2010 - 100% progression
Action: 2010-05-21 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

Summary

An Act To Amend Section 25-11-123, Mississippi Code Of 1972, To Increase From 7-1/4% Of Earned Compensation To 9% Of Earned Compensation The Amount That Is Deducted From The Salary Of Each Member Of The Public Employees' Retirement System And Credited To The Member's Annuity Savings Account; To Amend Section 25-11-109, Mississippi Code Of 1972, To Provide That Members Of The System Who Retire On Or After July 1, 2010, Shall Receive Credit For One-half-day Of Leave For Each Full Year Of Membership Service Accrued After June 30, 2010, Which Leave Shall Be Added To The Lawfully Credited Unused Leave For Which Creditable Service Is Currently Provided; To Amend Section 25-11-115, Mississippi Code Of 1972, To Provide A New Option For Members Of The System For Payment Of A Member's Retirement Allowance, Which Provides That Upon The Retired Member's Death, Three-fourths Of The Member's Reduced Retirement Allowance Will Be Continued Throughout The Life Of The Person Designated By The Member At The Time Of Retirement; And For Related Purposes.

Tracking Information

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Title

Retirement; increase the amount of the employee contribution to PERS.

Sponsors


Roll Calls

2010-04-23 - Senate - Senate Passed (Y: 28 N: 16 NV: 6 Abs: 0) [PASS]
2010-04-22 - House - House Passed As Amended (Y: 80 N: 40 NV: 2 Abs: 0) [PASS]

History

DateChamberAction
2010-05-21 Approved by Governor
2010-05-04 Enrolled Bill Signed
2010-04-29 Enrolled Bill Signed
2010-04-23 Transmitted To House
2010-04-23 Passed
2010-04-23 Title Suff Do Pass
2010-04-23 Referred To Finance
2010-04-22 Transmitted To Senate
2010-04-22 Immediate Release
2010-04-22 Passed As Amended
2010-04-22 Amended
2010-04-22 Title Suff Do Pass
2010-04-22 Referred To Appropriations

Mississippi State Sources


Bill Comments

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