Mississippi Administrative Code
Title 27 - Personnel
Part 210 - PERS, Regulations for Retirement Plans Administered by the Board of Trustees
Chapter 58 - Payment of Additional Benefit (COLA) to Retirees of the Mississippi Highway Safety Patrol Retirement System
Section 27-210-58-106 - Resumption of additional benefit upon subsequent retirement
Universal Citation: MS Code of Rules 27-210-58-106
Current through September 24, 2024
When a member retires after July 1 and has previously received a retirement allowance for one or more full fiscal years, the retired member shall be eligible immediately for the additional benefit. The additional benefit shall be based on the current retirement allowance and the number of full fiscal years in retirement and shall be prorated and paid in monthly installments based on the number of months a retirement allowance is paid during the fiscal year.
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