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MS SB2074
Bill
AI Summary
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Persons first elected to the State Legislature or first becoming President of the Senate on or after July 1, 2014, shall not become members of the Supplemental Legislative Retirement Plan.
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Current members of the plan who were members before July 1, 2014, remain as members until their membership ceases through withdrawal or death.
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Effective July 1, 2014, current members of the State Legislature and President of the Senate shall not earn any additional creditable service for plan purposes, though prior service credits are preserved.
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Effective July 1, 2014, members of the plan shall no longer pay employee contributions and the State Legislature shall no longer pay employer contributions to the plan.
Legislative Description
Supplemental Legislative Retirement Plan; new legislators not members and current members don't earn additional credit.
Last Action
Died In Committee
2/4/2014