All expenses of the operation of the retirement system shall be paid out of the retirement reserve fund provided by Section 21-29-23. The Public Employees’ Retirement System is hereby authorized to deduct two percent (2%) of all income, exclusive of employee contributions, to be transferred to the expense fund of the Public Employees’ Retirement System of Mississippi to defray the costs of administering the fund.
Miss. Code Ann. § 21-29-25
Expenses of operation of retirement system
Codes, 1942, § 3652.3-25; Laws, 1948, ch. 386, § 25; Laws, 1987, ch. 511, § 7, eff from and after April 30, 1987.
Current official text: Mississippi Code (LexisNexis). Digitized from the UniCourt Code Improvement Commission public-domain capture. Reproduced from public-domain Mississippi statutes; confirm against the official source for the current text. Not legal advice.