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Michigan Legislature
Michigan Compiled Laws Complete Through PA 93 of 2019
House: Adjourned until Wednesday, November 20, 2019 10:00:00 AM
Senate: Adjourned until Wednesday, November 20, 2019 10:00:00 AM

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Act 345 of 1937
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Act 345 of 1937

AN ACT to provide for the establishment, maintenance, and administration of a system of pensions and retirements for the benefit of the personnel of fire and police departments employed by cities, villages, or municipalities having full paid members in the departments, and for the spouses and children of the members; to provide for the creation of a board of trustees to manage and operate the system; to authorize appropriations and deductions from salaries; to prescribe penalties and provide remedies; and to repeal all acts and parts of acts inconsistent therewith.

History: 1937, Act 345, Eff. Oct. 29, 1937 ;-- Am. 1951, Act 16, Imd. Eff. Mar. 30, 1951 ;-- Am. 1989, Act 7, Imd. Eff. May 3, 1989 ;-- Am. 1998, Act 200, Eff. Mar. 23, 1999
Popular Name: Act 345

© 2017 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 38.551SectionFire and police department pension and retirement system; retirement board, members, election, appointment, terms.
Section 38.551aSectionShort title.
Section 38.552SectionRetirement board; powers and duties.
Section 38.552aSectionCompliance with requirements under protecting local government retirement and benefits act.
Section 38.553SectionRetirement system funds; treasurer as custodian; bond; disbursement of funds; execution of voucher or warrant; authorization.
Section 38.554SectionCredit for prior service.
Section 38.555SectionRetirement board; quasi-judicial body; review of actions by writ of certiorari.
Section 38.556SectionAge and service retirement benefits.
Section 38.556aSectionMunicipality having population of 80,000 or more; applicability of MCL 38.556(1)(h) to certain members.
Section 38.556bSectionRemarriage of surviving spouse; applicability of subsection (1) to municipality.
Section 38.556cSectionService credit for employment in transitional public employment program; payment of contributions and regular interest; payroll deduction; amount in reserve; payment of contributions by current employer; accident, disability, or other benefits.
Section 38.556dSectionPostretirement adjustments increasing retirement benefits.
Section 38.556eSectionMandatory subjects of bargaining.
Section 38.557Section“An act of duty,”“municipality” and “transitional public employment program” defined.
Section 38.558SectionRefunds of salary contributions.
Section 38.559SectionContributions of member; rate; deduction from salary; appropriations to maintain actuarially determined reserves; payment of deductions and appropriations into retirement system; prorating pensions and other benefits; expenses; pensions as obligations of retirement system.
Section 38.560SectionInvestments; transfer and disposition of certain assets.
Section 38.561SectionReferendum; township or charter township.
Section 38.561aSectionViolation of MCL 168.1 to 168.992 applicable to petitions; penalties.
Section 38.562SectionMembership of retirement system.
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