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2020 Mississippi Code
Title 21 - Municipalities
Chapter 29 - Employees' Retirement and Disability Systems
Article 1 - General Municipal Employees' Retirement
§ 21-29-25. Expenses of operation of retirement system
Universal Citation: MS Code § 21-29-25 (2020)
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.
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