As Amended
SEC. 21-29-25. Expenses of operation of retirement system.
All expenses of the operation of the retirement system shall be paid out of the retirement reserve fund provided by Section 21-29-23. The Public Employees' Retirement System is hereby authorized to deduct two percent (2%) of all income, exclusive of employee contributions, to be transferred to the expense fund of the Public Employees' Retirement System of Mississippi to defray the costs of administering the fund.
SOURCES: Codes, 1942, Sec. 3652.3-25; Laws, 1948, ch. 386, Sec. 25; 1987, ch. 511, Sec. 7, eff from and after April 30, 1987.