Mississippi HB1050 allows first responders hired after March 1, 2026, to receive retirement benefits after 25 years of service.
Mississippi HB1050 amends retirement provisions for first responders, including law enforcement officers, firefighters, and emergency medical services providers, hired after March 1, 2026. These individuals can receive retirement benefits after completing 25 years of service, regardless of age. The bill also modifies the calculation of retirement benefits, the definition of creditable service, and the process for refunding accumulated contributions. It introduces a defined contribution plan for new members and adjusts employer and employee contribution rates.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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