MS HB860

Creates new Section 25-11-106.1 to establish employer and employee contribution responsibilities for chancery and circuit clerks to the Public Employees' Retirement System (PERS).

County is responsible for employer contributions on direct treasury or county payroll income; clerks are responsible for employee contributions on payroll income and both employee and employer contributions on fee-based income.

Counties may elect by majority board vote to pay the employer share of contributions on fee-based income, with the election remaining in effect until the next board term unless reversed.

Requires clerks to submit earnings records and make full PERS contributions by the annual report deadline, with counties withholding clerk payments and fees to satisfy any delinquent contributions.

Current and former clerks must pay delinquent PERS contributions and interest for pre-January 1, 2010 service by December 31, 2011, or irrevocably forfeit service credit for those periods.