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July - PERs - pers state ms

July - PERs - pers state ms 2025

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The document is a newsletter from the Public Employees’ Retirement System (PERS) of Mississippi, dated July 2, 2007. It announces upcoming training sessions for administrative, payroll, and human resource personnel, provides updates on military service credit under USERRA, introduces a new web-based employer reporting system (WEBERS), discusses contributions related to constables' earnings as bailiffs, shares election news regarding the PERS Board of Trustees, outlines new agency agreements for retirement coverage, and highlights legislative updates including changes to vesting periods and eligibility requirements for retirement benefits.

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Begin by reviewing the form's sections, which include important information about military service credit and employer reporting requirements.
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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What is the 13th check for PERS in Mississippi?

Please know, this bill made no changes to the benefits of current members or retirees of PERS and should help by better sustaining the System long term and supporting their promised benefits. The new benefit provisions only apply to PERS-covered employees hired March 1, 2026, and later.

Do the PERS changes in Mississippi affect current retirees?

PERS is here to help ensure your financial well-being after you retire from a career in public service. Once you are vested, your years of contributing to PERS will provide you with life-long benefits upon retirement.

How much will my 13th check be in Mississippi?

Effective July 1, 2025, the COLA rate is 2.00% for those with a retirement date on or before July 1, 2024. The COLA for UC-PERS Plus 5 benefit recipients is also 2% (same as that for UCRP benefit recipients with a retirement date of October 1, 1991).

What is the update for PERS COLA 2025?

A COLA is a permanent increase in a monthly annuity (pension check). A 13th check or stipend is a one-time additional payment. It is called a 13th check or stipend because the amount is in addition to the 12 regular monthly checks you get from ERS. It is another checka 13th check or stipend.

How does the Mississippi PERS 13th check work?

The 13th check is referred to as a bonus check. The bonus check, which is usually issued each December 15th , is computed on a percentage basis multiplied by the number of years retired and annual income received.