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Bill > HB1714


MS HB1714

MS HB1714
City of Hattiesburg; increase maximum amount of additional annual payments to fire/police retirees.


summary

Introduced
03/06/2019
In Committee
03/21/2019
Crossed Over
03/20/2019
Passed
03/27/2019
Dead
Signed/Enacted/Adopted
04/03/2019

Introduced Session

2019 Regular Session

Bill Summary

An Act To Amend Chapter 907, Local And Private Laws Of 1990, As Last Amended By Chapter 927, Local And Private Laws Of 2009, To Increase The Maximum Amount Of The Additional Annual Payments Made To Retired Members And Beneficiaries Of The Hattiesburg Police And Fire Disability And Relief Fund From Thirty Percent To Thirty-two Percent Of The Annual Retirement Or Disability Allowance; And For Related Purposes.

AI Summary

This bill amends a local and private law to increase the maximum amount of additional annual payments made to retired members and beneficiaries of the Hattiesburg Police and Fire Disability and Relief Fund from 30% to 32% of their annual retirement or disability allowance. The bill outlines the conditions under which the governing authorities of the City of Hattiesburg can establish these additional payments, including that the fund must remain actuarially sound. The bill also specifies how the payments will be distributed to eligible recipients.

Committee Categories

Government Affairs

Sponsors (1)

Last Action

Approved by Governor (on 04/03/2019)

bill text


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