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MS HB1205
Bill
Status
3/3/2020
Primary Sponsor
William Arnold
Click for details
AI Summary
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Amends Section 25-11-103, Mississippi Code of 1972, to modify how the Public Employees' Retirement System (PERS) calculates creditable service for political subdivision employees based on leave time and compensation time.
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Requires PERS to apply the terms of the employee handbook or contract in effect at the time of an employee's initial employment with a political subdivision, rather than the most recent handbook or contract.
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Applies to creditable service calculations for leave time and compensation time only; does not restrict political subdivisions' authority to adopt vacation and sick leave policies.
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Takes effect July 1, 2020.
Legislative Description
Retirement; PERS shall use initial employee handbook in determining credible service based on leave time for local employees.
Last Action
Died In Committee
3/3/2020