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Neutral Bill Mar 16, 2026

Mississippi PERS Stability Act; create.

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.

https://legiscan.com/MS/bill/HB1509/2026
Richard Bennett State Representative
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