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Document Type(s): MCLs
Public Act Number: 93
Public Act Year: 2002
(21 results found)
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Document Type Description
Section 38.1b Section Definitions; B, C.
Section 38.1d Section Definitions.
Section 38.5 Section Retirement board; oath; quorum; conducting business at public meeting; notice of meeting; compensation and expenses.
Section 38.11 Section Employees' savings fund, employer's accumulation fund, annuity reserve fund, pension reserve fund, income fund, expense fund, and health insurance reserve fund; creation; health advance funding subaccount; description of funds as reference to accounting records of retirement system.
Section 38.13 Section Membership in retirement system.
Section 38.17j Section Purchase of combined total of more than 10 years prohibited; purchase of service credit in separate increments; future purchases not barred; refund; actuarial cost.
Section 38.17n Section City employee; transfer or purchase of service credit.
Section 38.19 Section Retirement upon written application to retirement board; retirement without reduction in retirement allowance; definitions; layoff status because agency or inpatient facility designated for closure; conditions; certification; application; funding additional costs; employees of state accident fund, Michigan biologic products institute, or liquor control commission.
Section 38.19g Section Member meeting certain requirements on or before November 1, 2002; computation of retirement allowance; payment of accumulated sick leave or annual leave; extension of effective date; participant in Tier 2.
Section 38.19h Section Payments not tax exempt and subject to certain operations of law.
Section 38.20 Section Computation of retirement allowance; right to elect option; retirement before age 65; death of retirant; separation from service; department of mental health employee termination; recalculation and payment of retirement allowance; eligibility of state accident fund or Michigan biologic products institute employees to health care benefits and certain rights, privileges, and benefits.
Section 38.20d Section Hospitalization, medical, dental, and vision coverage insurance premium; computation and allocation of cost savings; payment by retirement board; “retirant” defined.
Section 38.21 Section Duty disability retirement.
Section 38.24 Section Non-duty disability retirement.
Section 38.31 Section Election of regular retirement allowance or reduced retirement allowance; payment options; designation of beneficiary; effect of beneficiary's death or divorce; request by nonduty disability retirant to change elections; death of member before effective date of retirement.
Section 38.33 Section Disability retirant under age 60; medical examination required; reduction of retirement allowance on account of gainful employment.
Section 38.38 Section 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.
Section 38.46 Section Retirement or separation from employment of supplemental member with supplemental early retirement allowance; conditions; determination of eligibility.
Section 38.48 Section Conservation officers.
Section 38.49 Section Administration of retirement system as qualified pension plan under internal revenue code; requirements and benefit limitations; qualified military service.
Section 38.52 Section Calculation of accrued cost savings for each fiscal year.