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MS SB2494
Bill
AI Summary
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Amends Section 25-11-113 of the Mississippi Code to revise earnings limits for disability retirees engaged in gainful occupations.
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Allows disability retirees to earn annually without reducing their disability allowance an amount equal to 1% of their annual disability allowance for each year of creditable service plus 1% for each full year they have received the disability allowance.
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Reduces disability benefits by any amount earned above the authorized threshold.
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Takes effect July 1, 2011.
Legislative Description
Retirement; revise amount that disability retiree may earn from gainful employment.
Last Action
Died In Committee
2/1/2011
Full Bill Text
No bill text available