PERS; require any terminated plan to pay net pension liability to board in a lump sum before termination.
An Act To Amend Section 25-11-105, Mississippi Code Of 1972, To Require Any Terminated Plan Previously Approved By The Board Of Trustees Of The Public Employees' Retirement System To Pay To The Board Its Portion Of The Net Pension Liability As Of June 30, 2026, Or The Date Of Termination, Whichever Amount Is Greater, In A Lump Sum Before Termination, As Provided By Board Regulations; And For Related Purposes.
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{# E23 (Nick, ruling section 1 answer 10): quoting a bill or a court opinion works
the way quoting a news article works. Select a passage above and the same panel
opens: the passage goes to the official you choose, with this document's own
address as its source and its own type. #}