SB2556: PERS; require to engage CEFEX-certified and affiliated investment firm for fiduciary assessment of funds and practices.
Legislative Summary
An Act To Require The Board Of Trustees Of The Public Employees' Retirement System To Engage, During The 2025 Calendar Year, The Services Of A Cefex-certified And Affiliated Investment Firm With A Cefex-certified Analyst To Conduct A Fiduciary Assessment Of The System's Funds And Practices; To Require The Board To Submit The Firm's Report To Each Member Of The Legislature No Later Than January 30, 2026; To Bring Forward Section 25-11-119, Mississippi Code Of 1972, For The Purpose Of Possible Amendment; And For Related Purposes.
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