Mississippi HB1036 allows law enforcement officers and firefighters hired after March 1, 2026, to receive retirement benefits after 25 years of.
Mississippi HB1036 amends the Public Employees' Retirement System to allow law enforcement officers and firefighters hired after March 1, 2026, to receive retirement benefits after completing 25 years of service. The bill specifies that these benefits include a retirement allowance, which consists of a member's annuity and an employer's annuity. The retirement allowance is calculated based on the member's accumulated contributions and average compensation.
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- Legal Framework
- Critical Issues
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