27 Miss. Code. R. 210-43-103

Current through October 10, 2024
Section 27-210-43-103 - Interest rate for fiscal years beginning on and after July 1, 1998

For each fiscal year beginning on and after July 1, 1998, interest as required above, shall be computed on the basis of the actuarial assumed interest rate of the System.

* The assumed rate of return from July 1, 1998 through June 30, 2015 was 8.0%.

* The assumed rate of return from July 1, 2015 through June 30, 2021 was 7.75%.

* The assumed rate of return from July 1, 2021 through June 30, 2023 was 7.55%.

* The assumed rate of return as of July 1, 2023 is 7.0%.

27 Miss. Code. R. 210-43-103

Amended 12/1/2015
Amended 12/1/2021
Amended 7/1/2024