MS HB890

Creates new provisions allowing courts to terminate membership and forfeit retirement benefits for members of three retirement systems (Public Employees' Retirement System, Supplemental Legislative Retirement Plan, and Mississippi Highway Safety Patrol Retirement System) convicted of felonies involving $50,000 or more in public funds committed on or after July 1, 2024.

Requires separate civil court proceedings with notice to members and beneficiaries to determine if termination and forfeiture conditions are met; court must issue termination order before any forfeiture takes effect.

Delays termination until all appeals of conviction are concluded or appeal deadline expires; system must request Attorney General confirmation before finalizing membership termination and benefit forfeiture.

Provides that terminated members receive refund of their accumulated contributions without interest; members forfeited from one system are only terminated from the system covering their employment when the crime was committed, not from multiple systems if applicable.

Establishes that any ambiguity about whether a member should be terminated shall be resolved in favor of the member; system is not liable for mistaken payments made in good faith reliance on court orders and Attorney General notices.