Did not become law. It stopped in the Senate's Finance Committee on February 3, 2026.
2026 Regular Session
Senate Bill 2903
PERS; allow Tier 5 members to receive 3% COLA, but not to exceed $15,000.00 in any single year.
What it does
The synopsis the Legislature published with the bill.
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.
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 19 to February 3, 2026, 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 action2 actions on 2 days
In the SenateJan 19 to Feb 3 · stopped15 days
FinanceJan 19 to Feb 3 · stopped15 days
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.