PERS Administrative and Legislative Committees | October 23, 2024

Public Employees Retirement System of Mississippi · October 23, 2024

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2:49:44

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2:49:44

Approval of 2025 board and committee schedule

Motion

15:51 → 16:41(51s)

Committee chair (Speaker 2) introduced the proposed 2025 board and committee schedule (most regular board meetings fourth Wednesday each month) and asked for approval; motion made, seconded and approved by voice vote (‘aye’).

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Actions:action schedule 2025

The Public Employees Retirement System of Mississippi (PERS) Administrative Committee heard two independent actuarial assessments of the 2024 valuation, discussed assumptions including a 7% investment-return discount rate, and heard Cab Mac recommend raising employer contributions toward an actuarially determined contribution. The committee approved the 2025 meeting schedule and certified a runoff election result.

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Transcript

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