2025 Regular SessionMississippi Legislature

SB2556: PERS; require to engage CEFEX-certified and affiliated investment firm for fiduciary assessment of funds and practices.

Legislative Summary

An Act To Require The Board Of Trustees Of The Public Employees' Retirement System To Engage, During The 2025 Calendar Year, The Services Of A Cefex-certified And Affiliated Investment Firm With A Cefex-certified Analyst To Conduct A Fiduciary Assessment Of The System's Funds And Practices; To Require The Board To Submit The Firm's Report To Each Member Of The Legislature No Later Than January 30, 2026; To Bring Forward Section 25-11-119, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.

Demographic Impact

Overall analysis of equity impact

70% Positive
Medium ConfidenceView detailed demographic breakdown ↓

Unlock Full Demographic Insights

Go beyond the overall score.

Gain a deeper understanding of this bill's potential impact across diverse communities, including detailed breakdowns by category and subgroup. Access to this granular analysis helps ensure equitable outcomes.

Enable full analysis features for your organization.

Contact Sales to Learn More

Or email us directly at sales@legiequity.us.

Bill History

1/20/2025
Referred To Finance
Senate
2/4/2025
Died In Committee
Senate

Status Information

Current Status
Failed(2/4/2025)
Chamber
Senate

Sponsors

Republican: 1

Primary Sponsor

Chad Mcmahan
Chad Mcmahan
Republican

Documents

Introduced
Bill Text1/23/20258.0 KB