Legislature; allow PERS retirees to receive retirement allowance while serving as a member of.

SB 2448 allows Mississippi Public Employees' Retirement System (PERS) retirees who become state legislators to receive both their retirement allowance and legislative salary. It specifically applies to retirees elected to office after retirement or sitting legislators who become eligible for retirement benefits. The bill requires these individuals to pay full employee retirement contributions on their legislative salary but prevents them from earning additional retirement credit for their legislative service. This changes current rules that forced retirees to forfeit retirement payments upon taking legislative office.