27 Miss. Code. R. 210-60-102 - Contribution Rates for the Supplemental Legislative Retirement Plan
Pursuant to Miss. Code Ann. ยง 25-11-307 (1972, as amended), the Board of Trustees is authorized to set the employer contribution rate on the basis of the liabilities of the plan as shown by the actuarial valuation.
The employee and employer contribution rates are as follows:
1. Employee Contribution Rate - 3.00
percent of earned compensation effective July 1, 1989; and
2. Employer Contribution Rate - 7.40 percent
of earned compensation effective January 1, 2012.
Notes
State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.
No prior version found.