Michigan Compiled Laws Complete Through PA 5 of 2025
MCL Complete Through PA 5 of 2025
Senate adjourned until Tuesday, August 26, 2025 10:00 AM
Senate adjourned until 08/26/25 10:00 AM
House adjourned until Tuesday, August 19, 2025 1:30 PM
House adjourned until 08/19/25 1:30 PM
Document - Section 38.38
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Section 38.38
Annual level percent of payroll contribution rate; determination; basis; report; computation; amortization of unfunded actuarial accrued liability; annual appropriation to retirement system; transfer of funds; certification; difference between actual state contributions and product of contribution rates times aggregate compensations paid; submitting difference between estimated and actual aggregate compensation and estimated and actual contribution rate to legislature for appropriation; interest; deposit to health advance funding subaccount.