21-104 21-104 . . . Supplemental Executive Retirement Plan which permits eligible management and highly-compensated employees to receive benefits that will compensate them for limitations imposed by Sections 401(a)(17), 401(k), 401(m) and 402(g) of Internal Revenue Code on salary deferrals and matching contributions under 401(k) plan
Mississippi Supplemental Retirement Plan
Category:
State:
Multi-State
Control #:
US-CC-21-104
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Supplemental Retirement Plan?
Finding the right authorized papers design can be a battle. Needless to say, there are plenty of web templates available on the Internet, but how can you get the authorized form you want? Utilize the US Legal Forms internet site. The support offers a huge number of web templates, for example the Mississippi Supplemental Retirement Plan, which can be used for business and personal requires. All the kinds are inspected by professionals and meet up with federal and state requirements.
In case you are already authorized, log in for your bank account and then click the Down load switch to have the Mississippi Supplemental Retirement Plan. Utilize your bank account to search with the authorized kinds you may have bought previously. Go to the My Forms tab of your bank account and obtain one more backup from the papers you want.
In case you are a new consumer of US Legal Forms, here are basic instructions so that you can adhere to:
- First, ensure you have chosen the correct form for your personal town/region. You may check out the form making use of the Review switch and study the form description to make sure this is the best for you.
- When the form fails to meet up with your needs, use the Seach area to get the proper form.
- Once you are positive that the form is suitable, click on the Acquire now switch to have the form.
- Opt for the pricing prepare you want and enter the necessary info. Create your bank account and pay money for your order using your PayPal bank account or charge card.
- Select the submit file format and down load the authorized papers design for your system.
- Full, edit and printing and sign the received Mississippi Supplemental Retirement Plan.
US Legal Forms may be the largest collection of authorized kinds for which you can see a variety of papers web templates. Utilize the company to down load appropriately-made paperwork that adhere to express requirements.
Form popularity
FAQ
No provision exists for loans, partial refunds, or hardship withdrawals of member contributions. Refunding your account contributions means losing your membership in PERS as well as the accompanying service credit.
Important information about PERS refunds PERS will issue your refund after final wages and contributions are posted to your account, which could take up to 90 calendar days from the date of their receipt.
Learn the Facts About Refunding Once we process your application, you can typically expect to receive your refund within 30 to 45 days.
A SERP is a non-qualified retirement plan offered to executives as a long term incentive. Unlike in a 401(k) or other qualified plan, SERPs offer no immediate tax advantages to the company or the executive. When the benefits are paid, the company deducts them as a business expense.
If you are no longer employed by a PERS-participating employer, you may choose to ?withdraw? the member contributions and earnings that have accumulated in your Individual Account Program (IAP), as long as certain conditions have been met. Doing so completely cancels your membership in OPSRP/PERS.
You may request a balance of your account by contacting PERS Customer Service. You may call in your request at 800-444-7377 or 601-359-3589, or you may fax your request to 601-359-6707 with the following information: Name.
A 10 percent federal tax penalty may apply to withdrawals prior to age 59 1/2. Because service credit is not a factor in determining your retirement benefit, no credit is available for military service, unused leave, professional leave, or out-of-state employment.
Public Employees' Retirement System of Mississippi (PERS): The employee's pre-tax contribution is 9.00% of gross wages and the University contribution is 17.40% of the employee's gross income. PERS is a defined benefits plan which entitles qualified employees to a guaranteed retirement benefit.
