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PERS administrative committee certifies Chula delinquencies, approves election runoff ballot and advances multiple regulations
Summary
The administrative committee certified delinquent contributions for the Town of Chula, certified election results and approved a runoff between Terence Yarborough and Dr. William J. Ashley, adopted final updates to actuarial factors (Reg. 59) and employer rates (Reg. 60), and advanced several other regulations for initial adoption.
During its administrative committee meeting, the Public Employees Retirement System of Mississippi certified delinquent employer contributions for the Town of Chula and approved a certification of election results that requires a runoff ballot between the two top vote‑getters, Terence Yarborough and Dr. William J. Ashley.
The committee voted to adopt Regulation 59 as a final rule to update actuarial factors…
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