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 27-210-43-103 - Interest rate for fiscal years beginning on and after July 1, 1998
Universal Citation: MS Code of Rules 27-210-43-103
Current through September 24, 2024
For each fiscal year beginning on and after July 1, 1998, interest as required above, shall be computed on the basis of the actuarial assumed interest rate of the System.
* The assumed rate of return from July 1, 1998 through June 30, 2015 was 8.0%.
* The assumed rate of return from July 1, 2015 through June 30, 2021 was 7.75%.
* The assumed rate of return from July 1, 2021 through June 30, 2023 was 7.55%.
* The assumed rate of return as of July 1, 2023 is 7.0%.
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