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PERS board advances Tier 5 defined-contribution changes, adds T. Rowe Price to watch list
Summary
The board approved initial adoption of the hybrid defined-contribution plan document for Tier 5, added T. Rowe Price International Growth Trust to the defined contribution watch list and approved the Tier 5 defined-contribution investment lineup mirroring the Mississippi Deferred Compensation Plan.
The PERS board approved initial adoption of the hybrid defined-contribution plan document for the new Tier 5 retirement option and voted to align the defined-contribution investment lineup with the offerings in the Mississippi Deferred Compensation Plan. At the defined contribution committee meeting,…
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