Mississippi Administrative Code
Title 27 - Personnel
Part 210 - PERS, Regulations for Retirement Plans Administered by the Board of Trustees
Chapter 63 - Temporary Benefit Available to Eligible Inactive PERS and SLRP Members Who Apply for Disability Retirement Benefits
Section 27-210-63-104 - Amount of the Temporary Benefit

Universal Citation: MS Code of Rules 27-210-63-104
Current through September 24, 2024

The temporary benefit in the form of a partial distribution of an eligible member's accumulated contribution account will be paid in equal monthly installments for a limited time. The total temporary benefit payable will equal no more than 50 percent of the member's accumulated contributions and will be paid in equal monthly installments over a period of not more than 18 months. The monthly payment shall be no more than one-half of the estimated monthly disability retirement allowance to which the member would become entitled under the applicable optional benefit payment plan selected by the member if approved for disability retirement benefits.

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