Bill > HB1929

This bill appropriates over $21 million from special funds in the State Treasury to cover the administrative expenses of the Public Employees' Retirement System (PERS) and the maintenance and operation of its building for the fiscal year 2027. Specifically, it allocates $12,997,770 for "Personal Services," which includes salaries, wages, and fringe benefits for employees, with a portion designated as "Vacancy Funding" to fill authorized but unfilled positions. The bill also earmarks funds for computer system maintenance and upgrades, building maintenance and repair, and reappropriates funds for the implementation of "Tier 5," a defined contribution plan. Additionally, it mandates that PERS live webcast and record all board and committee meetings, excluding executive sessions, and post them online within 48 hours, and allows for the purchase of service pins for employees. The bill emphasizes adherence to state laws regarding expenditures and personnel actions, ensuring that spending does not exceed appropriations and that accounting records are maintained in a detailed format.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1929.xml