Mississippi § 25-14-7 - Administration of deferred compensation program.
Full text of Mississippi Mississippi Code of 1972 Annotated § 25-14-7 — Administration of deferred compensation program., with citation guidance and answers to common questions.
§ 25-14-7. Administration of deferred compensation program.
The administration of the deferred compensation program shall be under the direction of the Public Employees’ Retirement System of Mississippi or the appropriate officer designated by a county, municipality or other political subdivision. The deferred compensation program shall be operated in accordance with the guidelines established by the Internal Revenue Service as reflected in the plan document as may be modified from time to time by the board of trustees. Payroll reductions shall be made, in each instance, by the appropriate payroll officer. The administrator of a deferred compensation program may contract with a private corporation or institution for providing consolidated billing and other administrative services if deemed necessary by the administrator. The board of trustees may levy such charges and fees on participants’ contributions as may reasonably be necessary to provide for the administrative expenses of operating the deferred compensation program, including, but not limited to, the services of auditors, consultants, money managers and third-party administrators.
Source: official Mississippi text · Last verified 2026-08-27
Frequently Asked Questions About Mississippi § 25-14-7
What does Mississippi Code of 1972 Annotated § 25-14-7 cover?
Section 25-14-7 ("Administration of deferred compensation program.") is part of the Mississippi Code of 1972 Annotated, the codified statutory law of Mississippi. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Mississippi § 25-14-7?
A common citation format is "Mississippi Code of 1972 Annotated § 25-14-7" (Mississippi). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Mississippi law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Mississippi official source linked on this page or consult a licensed Mississippi attorney.
How does Mississippi § 25-14-7 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Mississippi can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Mississippi.