Mississippi House passes bill that cuts time to be vested in PERS from 8 to 4 years

House Bill Passes to Cut Wait Time for Pensions

The Mississippi House has passed a bill that would cut the years state employees must wait to qualify for retirement benefits.

House Bill 880 would cut the wait from eight years to four years to be a member of the state Public Employees Retirement System.

The bill passed 113-7 Wednesday and moves to the Senate for more work.

WTOK
2/24/16