Did not become law. It stopped in the House of Representatives's Accountability, Efficiency, Transparency Committee on March 4, 2025. The 2025 session has ended.
2025 Regular Session
Senate Bill 2449
ORP; revise for existing participants, and terminate for employees hired on or after March 1, 2026.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO AMEND SECTION 25-11-401, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT MEMBERSHIP IN THE OPTIONAL RETIREMENT PROGRAM FOR EMPLOYEES OF THE STATE INSTITUTIONS OF HIGHER LEARNING SHALL APPLY ONLY TO THOSE EMPLOYEES WHO ASSUMED THEIR POSITIONS BEFORE MARCH 1, 2026; TO AMEND SECTION 25-11-409, MISSISSIPPI CODE OF 1972, TO CONFORM; TO AMEND SECTION 25-11-411, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT EACH PARTICIPANT IN THE OPTIONAL RETIREMENT PROGRAM SHALL CONTRIBUTE MONTHLY TO THE OPTIONAL RETIREMENT PROGRAM 9% OF THE PARTICIPANT'S TOTAL EARNED COMPENSATION; TO REALLOCATE THE EMPLOYER'S CONTRIBUTION TO THE OPTIONAL RETIREMENT PROGRAM; TO PROVIDE THAT AN AMOUNT EQUAL TO 9% OF THE PARTICIPANT'S TOTAL EARNED COMPENSATION SHALL BE APPLIED TO THE PARTICIPANT'S CONTRACTS OR ACCOUNTS; TO PROVIDE THAT UP TO 0.2% OF THE PARTICIPANT'S TOTAL EARNED COMPENSATION SHALL BE APPLIED TO THE EXPENSE FUND OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM TO DEFRAY THE COST OF ADMINISTERING THE OPTIONAL RETIREMENT PROGRAM; TO PROVIDE THAT THE REMAINDER SHALL BE REMITTED TO THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM FOR APPLICATION TO THE ACCRUED LIABILITY CONTRIBUTION FUND; TO REPEAL SECTION 25-11-415, MISSISSIPPI CODE OF 1972, WHICH PROVIDES THAT THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM MAY DEDUCT NOT MORE THAN 2% OF ALL EMPLOYERS' CONTRIBUTIONS AND TRANSFER SUCH DEDUCTIONS TO THE EXPENSE FUND OF THE SYSTEM TO DEFRAY THE COST OF ADMINISTERING THE OPTIONAL RETIREMENT PROGRAM; AND FOR RELATED PURPOSES.
Sponsors
Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.
In the Senate
Sponsor
Its course
January 20 to March 4, 2025, on one scale. In the top row each mark is a day something happened; taller marks are busier days.
Each committee stop sits inside its chamber.
Every action12 actions on 6 days
In the SenateJan 20 to Feb 1324 days
RulesJan 20 to Feb 415 days
In the House of RepresentativesFeb 13 to Mar 4 · stopped19 days
State AffairsFeb 18 to Mar 414 days
Accountability, Efficiency, TransparencyMar 4 to Mar 4 · stopped0 days
Amendments
Each amendment offered, and what became of it.
Senate floor amendmentAdopted
Adopted Feb 13
Text
Each version as the Legislature printed it.
l9n doesn't hold this bill's text yet.
What happened
In l9n's words, one line for each step. Every action as the Legislature published it is below.
In the Senate Jan 20 – Feb 13
- Jan 20Referred to the Senate committee on Rules
- Feb 4Reported from committee in the Senate: title sufficient, do pass as a committee substitute
- Feb 13Committee substitute adopted in the Senate
- Amended in the Senate
- Passed the Senate as amended
In the House of Representatives Feb 13 – Mar 4
- Feb 13Motion in the Senate to reconsider entered
- Feb 14Reconsidered in the Senate
- Passed the Senate as amended
- Feb 18Sent to the House
- Referred to the House committees on State Affairs and on Accountability, Efficiency, Transparency
- Mar 4Reported as amended from SA to AC in the House: title sufficient, do pass
- Died in committee in the House
All 12 actions, as published
- Jan 20Referred To RulesSenate
- Feb 4Title Suff Do Pass Comm SubSenate
- Feb 13Committee Substitute AdoptedSenate
- Feb 13AmendedSenate
- Feb 13Passed As AmendedSenate
- Feb 13Motion to Reconsider EnteredSenate
- Feb 14ReconsideredSenate
- Feb 14Passed As AmendedSenate
- Feb 18Transmitted To HouseSenate
- Feb 18Referred To State Affairs;Accountability, Efficiency, TransparencyHouse of Representatives
- Mar 4DR - TSDPAA: SA To ACHouse of Representatives
- Mar 4Died In CommitteeHouse of Representatives