Mississippi - Session 2026
Title: PERS; allow Tier 5 members to receive 3% COLA, but not to exceed $15,000.00 in any single year.
AN ACT TO AMEND SECTION 25-11-112, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ANY MEMBER OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF MISSISSIPPI WHO BECAME A MEMBER OF THE SYSTEM ON OR AFTER MARCH 1, 2026, SHALL RECEIVE A 3% COST-OF-LIVING ADJUSTMENT, EXCEPT THAT SUCH AMOUNT SHALL NOT EXCEED $15,000.00 IN ANY YEAR; TO PROVIDE THAT, EVERY THREE YEARS, THE LEGISLATURE MAY EVALUATE WHETHER THIS MAXIMUM DOLLAR AMOUNT SHALL BE RAISED DUE TO THE RATE OF INFLATION; AND FOR RELATED PURPOSES.
Tracking state legislation? Support LegiList with a small contribution. Independent, ad-free, and built by one developer.
| Date | Event | Detail |
|---|---|---|
| 2026-01-19 | Introduced | Bill introduced |
| 2026-02-03 | Status | failed |
| 2026-02-03 | Latest Action | (S) Died In Committee |