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PERS administrative committee motions approved, including FY26 budget and regulatory updates
Summary
The board approved multiple administrative committee recommendations: the fiscal year 2026 initial administrative budget, Regulation 60 changes to align contribution rates with recent state law, Regulation 34 changes on teacher reemployment after retirement, board travel authorizations, and approvals related to the state employee representative election and actuarial contracting.
The Public Employees Retirement System of Mississippi board approved a package of actions from its administrative committee, including the initial fiscal year 2026 administrative budget and several regulatory and operational updates.
Dr. Randy McCoy told the board the administrative committee met for more than two hours and forwarded staff recommendations on multiple items. Trustees…
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