AN ACT TO REQUIRE THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF MISSISSIPPI TO OPEN, MAINTAIN AND MANAGE AN ACCOUNT THAT SHALL BE DESIGNATED THE PERS TIER 5 COLA ACCOUNT; TO REQUIRE THE BOARD TO MANAGE THE MONIES IN THE PERS TIER 5 COLA ACCOUNT PURSUANT TO APPLICABLE LAWS AND THE RULES AND REGULATIONS OF THE BOARD OF TRUSTEES OF THE PUBLIC EMPLOYEES' RETIREMENT SYSTEM OF MISSISSIPPI AS TRUSTEE OF THESE MONIES; TO REQUIRE THE STATE TREASURER, IN CONJUNCTION WITH THE STATE FISCAL OFFICER, ON JULY 1, 2026, AND ON EVERY JULY 1 THEREAFTER THROUGH AND INCLUDING JULY 1, 2035, TO TRANSFER $5,000,000.00 FROM THE STATE GENERAL FUND TO THE ADDITIONAL ANNUAL BENEFIT FOR TIER 5 FUND; AND FOR RELATED PURPOSES.