Mississippi Work and Save Program; create; revise certain PERS provisions.
Approved by Governor
Summary
The Mississippi Work and Save Program is a state‑sponsored retirement savings option for employers that do not already provide a retirement plan. Eligible employees can voluntarily contribute to a Roth IRA (or choose a traditional IRA) through payroll deductions, with a default target‑date fund investment. The bill sets up the administrative fund, gives the state treasurer authority to run the program, and shields participating employers and the state from liability.
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