Forms - PERS - MS.GOV 2025

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Explanation of the Bill Once approved by the Governor, Senate Bill 3231 will increase the PERS employer contribution rate by 2.5% over five years, starting with a 0.5% increase on July 1, 2024. SB 3231 will also require the Legislature to approve any major policy changes by the PERS Board of Trustees going forward.
Your initial retirement benefit is calculated using projected wages certified by your employer before your termination date. After your final wages are reported, PERS will audit your account and, if necessary, adjust your benefit for any underpayment or overpayment.
Public school teachers in Mississippi have pension coverage through the Public Employees Retirement System of Mississippi (PERS). The System covers 163,058 active employees and 89,731 retirees and beneficiaries. Employees contribute 9% out of each of their paychecks to the pension fund.
Employer Contribution Rate - 17.90 percent of earned compensation effective July 1, 2024. which shall be transferred each month to PERS when contributions are due.
PERS refund process: To request a PERS refund, complete a PERS Form 5 (Member Refund Application). Form 5 is on the PERS website: .pers.ms.gov. Complete sections 1-4 of the form. Section 5, Employer Certification, is completed by UMMC. You may submit your completed form to UMMC using one of the below methods.
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You have 8 years of membership service to be vested. You can retire with 25 years of creditable service at any age or age 60 and vested.
Visit the CalPERS website or log in to myCalPERS.
25-11-123 (1972, as amended), the employee and employer contribution rates are as follows: 1. Employee Contribution Rate - 9.00 percent of earned compensation effective July 1, 2010; and 2. Employer Contribution Rate - 17.90 percent of earned compensation effective July 1, 2024.

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