Mississippi Administrative Code
Title 27 - Personnel
Part 210 - PERS, Regulations for Retirement Plans Administered by the Board of Trustees
Chapter 35 - Filing an Application for Monthly Benefits and Establishing an Effective Date of Retirement
Section 27-210-35-103 - Changing the Optional Benefit Payment Plan before Receipt of a Retirement Benefit
Universal Citation: MS Code of Rules 27-210-35-103
Current through September 24, 2024
No change in the option selected shall be permitted after the member's death or after the member has received a retirement benefit except as provided in Section 104. This prohibition extends to a member's option to receive a refund of the amount of accumulated employee contributions and interest in lieu of receiving a retirement benefit. For purposes of this Regulation, "receipt of a retirement benefit" means negotiating or cashing a benefit payment. Except as specifically provided by law, a member may not change an option after 90 days from the date the first benefit payment is issued even if such payment is not negotiated or cashed.
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