Mississippi Administrative Code
Title 27 - Personnel
Part 220 - PERS, Deferred Compensation Plan And Trust
Article II - ELIGIBILITY
Section 27-220-II-2.2 - DETERMINATION OF ELIGIBILITY AND EFFECTIVE DATE OF PARTICIPATION
Current through December 10, 2024
a. The Board, or its designated person(s), committee or entity, shall determine whether each Employee and, if applicable, Independent Contractor, is an Eligible Individual and has satisfied the eligibility requirements, as stated in Section 2.1, based upon information furnished by the Employer. Such determination shall be conclusive and binding and the criteria for such determination shall be applied uniformly to all Participants.
b. An Eligible Individual shall elect to participate and become a Participant by signing a Participation Agreement pursuant to Section 2.4 and filing such agreement with the Third Party Administrator.
c. The Participant shall provide investment direction for contributions made to the Investment Options on such forms as may be required by the Board.