SB 2004: Mississippi PERS Stability Act; enact.

Summary

An Act To Enact The Mississippi Pers Stability Act; To Direct The Transfer Of $500,000,000.00 From The Capital Expense Fund To The Employers' Accumulation Account Of The Public Employees' Retirement System Created In Section 25-11-123(c) On July 1, 2026; To Direct The Annual Transfer Of $50,000,000.00 From The Capital Expense Fund To The Employers' Accumulation Account Of The Public Employees' Retirement System Created In Section 25-11-123(c) From July 1, 2027, And On Every July 1 Thereafter Through And Including July 1, 2036; To Provide For General Funds To Be Used In The Event That Unobligated Funds Are Not Available In The Capital Expense Fund; And For Related Purposes.

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Mar 3, 2026

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