Retirement; allow PERS retirees to serve in elective office in same manner as for elected county or municipal offices.

HB 832 allows Mississippi Public Employees' Retirement System (PERS) retirees to serve in elected state, district, or local office while receiving their retirement benefits. It amends current law to permit retirees to either waive all salary and receive only their retirement allowance (plus limited expense allowances) or accept up to 25% of their average compensation while still receiving retirement benefits. This directly affects PERS retirees seeking or holding elective office positions, removing previous restrictions that required them to choose between retirement benefits and elected office compensation. The bill requires annual written waivers or elections filed with the employer and retirement system office to implement either option.