Mississippi Administrative Code
Title 27 - Personnel
Part 220 - PERS, Deferred Compensation Plan And Trust
Article IV - CONTRIBUTIONS AND ALLOCATIONS
Section 27-220-IV-4.8 - EFFECT OF LEAVE OF ABSENCE ON CONTRIBUTIONS

Universal Citation: MS Code of Rules 27-220-IV-4.8

Current through December 10, 2024

a. If a Participant is on an approved leave of absence from the Employer, with Compensation, his participation in this Plan will continue unless he discontinues such participation in writing to the Third Party Administrator.

b. If a Participant is on an approved leave of absence without Compensation, said Participant thereby achieves an inactive status under this Plan. A Participant with inactive status is one for whom no deferrals are currently being made. Severance from Employment does not occur when a Participant achieves inactive status.

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