Mississippi Administrative Code
Title 27 - Personnel
Part 210 - PERS, Regulations for Retirement Plans Administered by the Board of Trustees
Chapter 43 - Interest Rates Used in the Calculation of Repayment of a Refund and for Correction of Administrative Reporting Errors
Section 27-210-43-102 - Interest rate for fiscal years beginning on and after July 1, 1994, through June 30, 1998

For the fiscal year beginning on and after July 1, 1994, through June 30, 1998, interest as required in Miss. Code Ann. § 25-11-117 (1972, as amended), for the repayment of a refund, or as required in Miss. Code Ann. § 25-11-105 (1972, as amended) for the payment of an adjustment for non-reported covered service and/or compensation due to administrative error, shall be computed on the basis of actual annual total rate of return on investments of the System as reflected in the System's annual report, but in no event will interest so charged be less than the rate of interest credited to the member's account in accordance with § 25-11-121(7).