House Bill 899 was approved by Governor Bryant April 11, 2016, and makes numerous technical amendments to the laws governing the administration of the Public Employees’ Retirement System of Mississippi (PERS). Questions regarding this PERS-sponsored legislation should be directed to PERS at 601-359-3589 or 800-444-7377.
One of the most significant amendments within House Bill 899 provides that for periods of time after July 1, 2017, creditable service will be awarded in monthly rather than quarterly increments, and, for members who retire on or after July 1, 2017, creditable service for unused leave will be awarded in monthly rather than quarterly increments. Many of the other amendments clarify the law effective July 1, 2016, to conform with agency practice and procedure and/or current regulations. Attached is an unofficial summary of House Bill 899 prepared by MRPEA.
Summary of House Bill 899 (2016) as Approved by the Governor