SEC. 25-11-401. Eligibility for optional program.
There is established an optional retirement program for employees of
the state institutions of higher learning included in Section 37-101-1,
Mississippi Code of
1972, who are appointed or employed after July 1, 1990. To be eligible
to participate in the optional retirement program, a newly appointed employee
must:
(a) (i) Hold a teaching or administrative faculty position, or
(ii) Hold a position as an intern or resident in training at the University
Medical Center or the College of Veterinary Medicine at Mississippi State
University under
a teaching program at such institutions; and
(b) Be eligible for membership in the Public Employees' Retirement System of Mississippi.
SOURCES: Laws, 1990, ch. 458, § 1; Laws, 2001, ch. 319, § 1, SB 2512, eff from and after July 1, 2001.
PREVIOUS VERSION: Pre-2001