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MS SB2494

Bill

Status

Failed

2/1/2011

Primary Sponsor

J.P. Wilemon

Click for details

Origin

Senate

2011 Regular Session

AI Summary

  • Amends Section 25-11-113 of the Mississippi Code to revise earnings limits for disability retirees engaged in gainful occupations.

  • 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.

  • Reduces disability benefits by any amount earned above the authorized threshold.

  • 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