MS SB2794 | 2025 | Regular Session

Status

Spectrum: Bipartisan Bill
Status: Introduced on January 20 2025 - 25% progression
Action: 2025-01-20 - Referred To Rules
Pending: Senate Rules Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 25-11-105, Mississippi Code Of 1972, To Require Any Terminated Plan Previously Approved By The Board Of Trustees Of The Public Employees' Retirement System To Pay To The Board Its Portion Of The Unfunded Actuarial Accrued Liability As Of June 30, 2025, Or The Date Of Termination, Whichever Amount Is Greater, In A Lump Sum Before Termination, As Provided By Board Regulations; And For Related Purposes.

Tracking Information

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Title

PERS; require any terminated plan to pay unfunded actuarial accrued liability to board in a lump sum before termination.

Sponsors


History

DateChamberAction
2025-01-20SenateReferred To Rules

Code Citations

ChapterArticleSectionCitation TypeStatute Text
2511105Amended CodeSee Bill Text

Mississippi State Sources


Bill Comments

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