Mississippi · 2026 Regular Session
An Act To Amend Section 25-11-103, Mississippi Code Of 1972, To Revise The Definition Of "average Compensation" For Members In The New Tier To Mean The Average Of The Four Highest Consecutive Years Of Earned Compensation, Or Of The Last 48 Consecutive Months Of Earned Compensation, Whichever Is Greater; To Bring Forward Section 25-11-109, Mississippi Code Of 1972, For Purposes Of Amendment; To Amend Section 25-11-111, Mississippi Code Of 1972, To Provide That Members In The New Tier Who Have Completed At Least Eight Years Of Membership Service Shall Be Entitled To Receive A Retirement Allowance Upon Withdrawal From Service At The Age Of 60, And Members Who Have Completed At Least 30 Years Of Creditable Service Shall Be Entitled To Receive A Retirement Allowance Upon Withdrawal From Service Regardless Of Age; To Provide That Members In The New Tier Who Withdraw From Service Before Age 60 And Have Completed At Least Eight Years Of Membership Service And Have Not Received A Refund Of Their Contributions Shall Be Entitled To Receive A Retirement Allowance Upon Attaining The Age Of 60; To Provide That The Annual Retirement Allowance Of A Member Who Has Attained The Age Of 60 But Has…
Died In Committee (2026-02-03)