Mississippi SB2004 proposes a one-time transfer of $500 million and annual transfers of $50 million from the Capital Expense Fund to the Public.
Mississippi SB2004, known as the Mississippi PERS Stability Act, mandates a one-time transfer of $500 million from the Capital Expense Fund to the Employers' Accumulation Account of the Public Employees' Retirement System on July 1, 2026. It also requires annual transfers of $50 million from the Capital Expense Fund to the same account from July 1, 2027, through July 1, 2036.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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