Mississippi Administrative Code
Title 27 - Personnel
Part 220 - PERS, Deferred Compensation Plan And Trust
Article XVII - MISCELLANEOUS
Section 27-220-XVII-17.9 - PAYMENTS TO INCOMPETENTS

Current through December 10, 2024

To the extent the Employer or Third Party Administrator determines that the following procedure meets applicable state or local law, if a Participant or Beneficiary entitled to receive any benefits hereunder is adjudged to be legally incapable of giving valid receipt and discharge for such benefits, benefits will be paid to such person as the Third Party Administrator may designate for the benefit of such Participant or Beneficiary. Such payments shall be considered a payment to such Participant or Beneficiary and shall, to the extent made, be deemed a complete discharge of any liability for such payments under the Plan.

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