The Public Employees' Retirement System shall make payments of retirement benefits under this chapter to members and to the beneficiaries of those members, by whatever means the board prescribes by regulation to be the most appropriate for the proper and efficient payment of benefits, including, but not limited to, direct deposit to an account with a financial institution that is a participant of the Automated Clearing House designated by the member or beneficiary. The board may provide for alternative means of payment if the member or beneficiary can demonstrate that payment by the prescribed means will cause the member or beneficiary undue hardship.
Structure Mississippi Code
Title 25 - Public Officers and Employees; Public Records
Chapter 13 - Highway Safety Patrol Retirement System
§ 25-13-3. Eligibility for service retirement benefits
§ 25-13-7. Custodian of fund; financing; payment of benefits; maintenance as separate fund
§ 25-13-8. Employer to pay member contributions required for fund; tax treatment; methods of payment
§ 25-13-9. Disability retirement
§ 25-13-12. Additional benefit payments
§ 25-13-14. One-time early retirement for members with twenty years of service
§ 25-13-16. Retirement benefit options; definitions
§ 25-13-17. Credit for prior time served in highway safety patrol, armed forces
§ 25-13-19. Transfer of state retirement annuity fund contributions
§ 25-13-23. Non-covered employees
§ 25-13-25. Administrative board
§ 25-13-27. Cost of administering fund; maintenance and disclosure of records
§ 25-13-28. Interest on employee reserve account
§ 25-13-29. Actuarial valuation
§ 25-13-33. Guaranty; vested rights to benefits; maximum annual retirement allowance