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CITY LIBRARY EMPLOYEES' RETIREMENT SYSTEM
Act 339 of 1927
AN ACT to authorize the establishment of a system of retiring allowances for employes of public libraries now existing or which may hereafter be established in incorporated cities of 250,000 population or more.
History: 1927, Act 339, Imd. Eff. June 1, 1927
© 2017 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 38.701||Section||City library employees' retirement system; establishment.
|Section 38.702||Section||Library board; submission of retirement plan to local legislative body; retirement plan subject to protecting local government retirement and benefits act.
|Section 38.703||Section||Approval of plan by legislative body; commencement.
|Section 38.704||Section||Annual assessment for retirement allowance.
|Section 38.705||Section||Reserve fund and annuities; tax exemption; subject to taxation beginning January 1, 2012.
|Section 38.706||Section||Municipal employees' retirement system; coverage of employees of public libraries.