PERS; require any terminated plan to pay net pension liability to board in a lump sum before termination.
Failed on 3/3/26
Summary
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From the Legislature
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 Net Pension Liability As Of June 30, 2026, Or The Date Of Termination, Whichever Amount Is Greater, In A Lump Sum Before Termination, As Provided By Board Regulations; And For Related Purposes.
Sponsors
D
1
1
R
Democratic CaucusRepublican Caucus
Roll Call Votes
Senate Passed
52 Yea
DRRDRRDRRRRRRRDRRDRDDDRRRRRDRDRDDDRRRRRRRRRDRDDRDDRR0 Nay