SB2613Introduced in the Senate
PERS Tier 5 Cola Account; create and direct transfers to.
Introduced by Daniel Sparks, District 5
What does this bill do?
Plain-English breakdown
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Official description
An Act To Require The Board Of Trustees Of The Public Employees' Retirement System Of Mississippi To Open, Maintain And Manage An Account That Shall Be Designated The Pers Tier 5 Cola Account; To Require The Board To Manage The Monies In The Pers Tier 5 Cola Account Pursuant To Applicable Laws And The Rules And Regulations Of The Board Of Trustees Of The Public Employees' Retirement System Of Mississippi As Trustee Of These Monies; To Require The State Treasurer, In Conjunction With The State Fiscal Officer, On July 1, 2026, And On Every July 1 Thereafter Through And Including July 1, 2035, To Transfer $5,000,000.00 From The State General Fund To The Additional Annual Benefit For Tier 5 Fund; And For Related Purposes.
Where it stands
Died In Committee
March 3, 2026
How did lawmakers vote?
SenateStage: Senate Passed · February 5, 2026
37
Yes
11
No
4
Absent or Not Voting
52 senators recorded in this Senate vote. Colors show vote categories only, not whether a vote was good or bad.
What do people think?
Citizen Voice
How would you vote on this bill?
An unofficial public opinion poll. It does not affect the bill or the official vote.
One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.
See how each senator voted
| Senator | District | Vote |
|---|---|---|
| Michael McLendon | 1 | Yes |
| Theresa Gillespie Isom | 2 | No |
| Kathy Chism | 3 | Yes |
| Rita Potts Parks | 4 | Yes |
| Daniel Sparks | 5 | Yes |
| Chad Mcmahan | 6 | Yes |
| Hob Bryan | 7 | No |
| Benjamin Suber | 8 | Yes |
| Nicole Boyd | 9 | Yes |
| Neil Whaley | 10 | Yes |
Bill history
Referred To Finance
Title Suff Do Pass
Passed
Immediate Release
Transmitted To House
Referred To State Affairs;Accountability, Efficiency, Transparency
Died In Committee
Verify the information
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