Section 25-11-415 - Deductions from employers' contribution to administer program; expense fund

The Public Employees' Retirement System of Mississippi may deduct not more than two percent (2%) of all employers' contributions and transfer such deductions to the expense fund of the Public Employees' Retirement System to defray the cost of administering the optional retirement program created by this article.Laws, 1990, ch. 458, § 8; Laws, 2010, ch. 528, § 12, eff. 7/1/2010.