Miss. Code. tit. 27, pt. 220, art. XVI

Current through December 10, 2024
Article XVI - PLAN TERMINATION AS TO ALL EMPLOYERS

Pursuant to Miss. Code Ann. § 25-14-1, et. seq., the Mississippi legislature may terminate this Plan as to all Employers at any time, with or without prior notice to governmental bodies that have adopted the Plan, provided however, no termination shall affect the rights of a Participant or a Beneficiary to the receipt of benefits with respect to any Compensation deferred before the time of the termination as adjusted for the investment experience of the Investment Options prior to or subsequent to the termination.

Miss. Code. tit. 27, pt. 220, art. XVI

Amended 10/1/2015
Amended 8/1/2016
Amended 4/1/2017
Amended 1/1/2021
Amended 4/1/2022
Amended 7/1/2023
Amended 12/1/2023