The following PERS-related bills remain under active consideration by the Mississippi Legislature during the 2016 Regular Session. Thurs., Mar. 3 is the deadline for action on general bills.
House Bill 114 – Philip Gunn – Renames the PERS building the “Timothy Alan (Tim) Ford Building”
House Bill 880 – Huddleston (15th) – Changes the number of years required to vest in PERS from eight years to four years for all members of PERS, regardless of the date upon which they became a member. This is a PERS-sponsored bill.
House Bill 899 – Huddleston (15th) – Makes numerous technical amendments to PERS law. This is a PERS-sponsored bill. Reference the attached unofficial summary of House Bill 899 prepared by MRPEA.
Summary of House Bill 899 (2016) as passed by House Appropriations
House Bill 903 – Huddleston (15th) – Defines certain terms and clarifies investment options under the Government Employees’ Deferred Compensation Plan law and clarifies the administration of the Mississippi Deferred Compensation Plan and Trust, as well as the administration of any other deferred compensation plan authorized under the applicable law. This is a PERS-sponsored bill.
Senate Bill 2161 – Gray Tollison – Authorizes charter schools to join PERS in order to allow charter school employees to participate in PERS.
Senate Bill 2260 – Rita Parks – Requires forfeiture of benefits for any member convicted of a job-related felony.
Senate Bill 2362 – Clarke – Provides that all special fund agencies, including PERS, will be funded through General Fund appropriation.
Senate Concurrent Resolution 575 – McDaniel – Requests PERS to conduct a study of SLRP to determine the feasibility of closing or allowing members to opt out.