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SB2903Introduced in the Senate

PERS; allow Tier 5 members to receive 3% COLA, but not to exceed $15,000.00 in any single year.

Failed

Introduced by Juan Barnett, District 34

What does this bill do?

Plain-English breakdown

Writing a plain-English summary of this bill… this can take a few seconds the first time.

Official description

An Act To Amend Section 25-11-112, Mississippi Code Of 1972, To Provide That Any Member Of The Public Employees' Retirement System Of Mississippi Who Became A Member Of The System On Or After March 1, 2026, Shall Receive A 3% Cost-of-living Adjustment, Except That Such Amount Shall Not Exceed $15,000.00 In Any Year; To Provide That, Every Three Years, The Legislature May Evaluate Whether This Maximum Dollar Amount Shall Be Raised Due To The Rate Of Inflation; And For Related Purposes.

Where it stands

Died In Committee

February 3, 2026

How did lawmakers vote?

No recorded vote is available for this bill yet.

What do people think?

Citizen Voice

How would you vote on this bill?

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One response per device. Location is self-reported and not verified. Results are informal and not a scientific survey.

Bill history

  1. Referred To Finance

  2. Died In Committee

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