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SB 2910

Mississippi - Session 2026

Senate failed 2026-03-03
Bill Details

Title: PERS; require any terminated plan to pay net pension liability to board in a lump sum before termination.

Summary

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.

Sponsor
Daniel H. Sparks
Official Source Back to Bills
Actions Timeline
Date Event Detail
2026-01-19 Introduced Bill introduced
2026-03-03 Status failed
2026-03-03 Latest Action (H) Died In Committee
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