First Responders Retirement System; establish.

HB 1032 establishes a new retirement system, the "First Responders Retirement System," for Mississippi law enforcement officers, firefighters, emergency medical services providers, emergency management personnel, and public safety telecommunicators. Effective July 1, 2026, the system provides retirement, disability, and death benefits, including a cost-of-living adjustment tied to the Consumer Price Index for Urban Wage Earners. It replaces existing retirement benefits under Article 3 of Mississippi's Public Employees' Retirement Law for these workers while allowing them to retain social security benefits under Article 1. The bill also defines eligibility, requires employee and employer contributions, and creates an administrative board to manage the system.