Main Content
Show update info:
none
In Last Week
In Last Month
In Last Year
Act 300 of 1980
- THE PUBLIC SCHOOL EMPLOYEES RETIREMENT ACT OF 1979 (38.1301 - 38.1467)
Section 38.1309 ‑ Calculating member's final average compensation; effective date of section.
Section 38.1322 ‑ Public school employees' retirement board; creation; appointment, qualifications, and terms of members; vacancy.
Section 38.1323 ‑ Retirement board; oath; conducting business at public meeting; notice of meeting; quorum; failure to attend scheduled meetings; availability of writings to public.
Section 38.1325 ‑ Retirement board; rights, authority, and discretion; rules; limitation; study period; information to be provided to certain universities.
Section 38.1326 ‑ State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; disposition of funds.
Section 38.1328 ‑ Summary of fiscal transactions; contents; description of retirement benefits; information to be posted on internet website and sent via electronic mail; database.
Section 38.1329 ‑ Reserve for employee contributions; individual subaccounts; refund, payment, or transfer of accumulated contributions.
Section 38.1333 ‑ Reserve for member investment plan; remittance of member contributions; individual subaccounts; refund, payment, or transfer of accumulated contributions.
Section 38.1334 ‑ Reserve for health benefits; payments; health advance; funding subaccount; transfer to reserve for employer contributions; conditions.
Section 38.1336 ‑ Reserve for undistributed investment income; pension stabilization subaccount.
Section 38.1341 ‑ Determining annual level percentage of payroll contribution rate; computation; unfunded actuarial accrued liability contribution rate; limitation; certification of estimated aggregate compensations; computation and certification of sum due and payable; payment; certification of actual aggregate compensations; adjustment; evidence of correctness; audit; duties of reporting unit; submission of difference occurring in certain fiscal years; interest rate; reassignment of assets; rate of investment return; basis of asset valuation; use of salary increase assumption; deposit to health advance funding subaccount; allocations from employer contributions; "current operating expenditures" defined.
Section 38.1341b ‑ Employees as members on or after July 1, 2010; determination of separate employer contribution rate; individuals performing services for entity not participating in retirement services; conditions.
Section 38.1342 ‑ Reporting unit contribution; exclusive obligation; contributions picked up by employer; deduction of social security contributions; agreement of member; forwarding certain retirement contributions; failure to submit report or contributions; late fee; withholding payment of state funds for noncompliance.
Section 38.1343 ‑ Percentage paid for participants in optional retirement program.
Section 38.1343a ‑ Contributions of member to member investment plan; deduction and remittance as employer contributions; benefits; amount of contribution; amounts; percentage.
Section 38.1343e ‑ Member before September 4, 2012; contribution of percentage to funding account under public employee retirement health care funding act; "funding account" defined.
Section 38.1343g ‑ Contribution beginning on transition date; amount; method of deducting contributions; picking up member contributions for compensation on or after transition date; benefit.
Section 38.1344 ‑ Separation from service; death; unclaimed retirement allowance or other money.
Section 38.1345 ‑ Change or error in records; correction; adjustment in benefits.
Section 38.1346 ‑ Benefits; exemption from taxation; subject to taxation beginning January 1, 2012; offset of retirement benefits or refunds; forfeiture of service credit.
Section 38.1347 ‑ Employee of Michigan high school athletic association; entitlement to benefits preserved; limited membership; continued service; eligibility for retirement benefits; election; termination of employment; computation of retirement allowance.
Section 38.1359 ‑ Calculation of retirement allowance; election and attainment date designation; credit for future service accrued and compensation earned; alternative election; method of accepting elections, designations, and alternative elections; member not making or rescinding election or who makes alternative election; reemployed member; definitions.
Section 38.1360 ‑ Purchase of service credit; 2 years service credit required.
Section 38.1362 ‑ Purchasing service credit; proof of service; contribution and interest.
Section 38.1363 ‑ Noncontributory plan; applicability; duty of reporting unit.
Section 38.1365 ‑ Written application for payment of accumulated contributions; forfeiture of prior service.
Section 38.1366 ‑ Cessation of membership; forfeiture of service; return to service; reinstatement of previously forfeited service.
Section 38.1367 ‑ Credit for service in another retirement system; withdrawal of accumulated contributions; forfeiture of service or monthly allowance.
Section 38.1369 ‑ Out of system public education service; condition for granting membership or prior service credit; eligibility for retirement allowance; computation of payment; limitation; refund; noncreditable service; election to purchase certain service credit.
Section 38.1369c ‑ Employee in nonpublic elementary or secondary educational institution or nonpublic institution of higher education, employee in foreign country at school for United States personnel or dependents, full-time teacher with job corps, teacher in trust territory, or teacher on Indian reservation; purchase of service credit; request; documentation; payment of amount equal to actuarial cost; condition to service being credited; satisfaction of minimum service credit for retirement allowance; refund; effect of pension or annuity; retirant with retirement allowance effective date on or after January 1, 1988, and on or before December 21, 1988; definitions.
Section 38.1369f ‑ Election to purchase not more than 5 years of service credit less years of service credit purchased under other provisions; request; payment of actuarial cost; prohibited uses of service credit; refund.
Section 38.1369g ‑ Former employees of reporting unit as public school employees; conditions; remittances required for granting of service credit; definitions.
Section 38.1370 ‑ State of Michigan service; condition for granting membership or prior service credit; petition for transfer of service credit, accumulated contributions, and interest; refund.
Section 38.1371 ‑ Sabbatical leave; employee organization professional services leave or released time.
Section 38.1373 ‑ Resumption of employment following honorable discharge or release from active duty with armed forces; service credit; limitation; accumulation of contributions to reserve for employee contributions at regular interest.
Section 38.1374 ‑ Service credit for member not meeting requirements of MCL 38.1373; election; computation of payment; restriction; condition.
Section 38.1375 ‑ Separation from service or reduction of hours for purposes of parental leave; purchase of service credit; refund; application; "parental leave" defined.
Section 38.1381 ‑ Retirement allowance under MCL 38.1384; application; eligibility requirements.
Section 38.1381a ‑ Retirement allowance computed according to MCL 38.1384(1); reduction inapplicable; definitions.
Section 38.1381b ‑ Retirement; eligibility requirements; computation; extension; "incentivized retirement application period" defined; amortization of additional costs.
Section 38.1381c ‑ Member 60 years of age or older with 10 or more years service.
Section 38.1381d ‑ Employment on or after September 4, 2012; election to participate in Tier 2; method of accepting elections; election period; member not making election considered as member of Tier 1; collection of employer and employee contributions.
Section 38.1382 ‑ Deferred vested service retirement allowance; entitlement; computation; application; forfeiture; payment of option to beneficiary.
Section 38.1383 ‑ Date of retirement allowance; payment on cessation of eligibility for continuation of benefits.
Section 38.1384 ‑ Retirement allowance; benefits; applicability of reduction; recalculation of retirement allowance; adjusted retirement allowance; election to return retirement allowance payments.
Section 38.1384b ‑ Retirement allowance for member making alternative election under section 59(2)(b); calculation; items of credited service under section 59(1); accumulation of years of service credit for purpose of vesting; calculation of retirement allowance under section 59(1) but not making attainment date designation; "attainment date" defined.
Section 38.1385 ‑ Payment options; election; change of option or beneficiary; payment to beneficiary; reversion of benefit to straight retirement allowance; term of payment; beneficiary predeceasing retirant who returns to service; effect of election of retirant's divorce from spouse designated as beneficiary; payment of difference between accumulated contributions and aggregate amount of retirement allowance payments; change of beneficiary; optional form of benefit payment; limitation; termination.
Section 38.1386 ‑ Disability allowance; requirements; extension of application time limit; computation; effective date.
Section 38.1387 ‑ Duty disability retirement allowance; requirements; computation; effective date; service credit; adjustment.
Section 38.1388 ‑ Duty or nonduty disability retirant; medical examination; affidavit; deception; discontinuance or revocation of nonduty disability retirement allowance; return to membership; restoration of credited service; restoration of duty disability retirant to active service; cessation of allowance or rights to allowance; lump sum payment; payment on retirant's sixtieth birthday; reduction of retirement allowance; computation of allowable earnings; applicability of subsection (4).
Section 38.1389 ‑ Surviving spouse; computation, payment, and termination of retirement allowance; remarriage of surviving spouse; allowance for surviving child less than 18; election of retirement allowance beneficiary; grounds for voiding election; death of member; presumption of dependency; termination of allowance; payment to refund beneficiary; member contributing to member investment plan.
Section 38.1390 ‑ Surviving spouse of deceased member receiving worker's disability compensation; computation, payment, and termination retirement allowance; remarriage of surviving spouse; allowance for surviving children less than 18; computation, payment, and termination of allowance for surviving child less than 18 or for surviving dependent parent; computation and effective date of retirement allowance beneficiary's duty death retirement allowance; use of average annual compensation; election to accept refund; payment to legal representative of deceased member's or retirant's estate.
Section 38.1391 ‑ Hospital, medical-surgical, and sick care retirant benefits; dental and vision retirant benefits; retirement system premium; maximum contribution rate; health benefits coverage for dependent of retirant; coordination of benefits; definitions.
Section 38.1391a ‑ Retiree health care insurance coverage for employees hired after September 4, 2012; matching contribution in lieu of health insurance coverage benefits; vesting provisions; election to opt out of health insurance coverage premiums; effect of not making election under subsection (5); break in service or reemployment; implementation and applicability of subsections (5) to (10); report; definitions.
Section 38.1392 ‑ Long-term care insurance; withholding from retirement allowance.
Section 38.1392a ‑ Administration of changes; appropriation; work project; carrying forward unencumbered or unallotted funds.
Section 38.1402 ‑ Percentage increase to monthly retirement allowance payable after June 30, 1972; continuation.
Section 38.1403 ‑ Percentage increase to monthly retirement allowance payable under former provisions; continuation.
Section 38.1404 ‑ Percentage increase to monthly retirement allowance payable under additional former provisions; continuation.
Section 38.1404a ‑ Determining rate of investment return on retirement system assets and present value of retirement allowances; calculation and reduction of distribution income; crediting distribution units to retirant or retirement allowance beneficiary; calculation and payment of distribution amount; increase in retirement allowance; computation of cumulative increase amount; supplemental payment; increase in retirement allowance effective before October 1, 1981; increase in retirement allowance effective on or before January 1, 1987.
Section 38.1408 ‑ Administration of retirement system as qualified pension plan created in trust under internal revenue code; requirements and benefit limitations; qualified military service.
Section 38.1421 ‑ Words and phrases in sections 122 to 124; date for implementation of Tier 2 plan.
Section 38.1424 ‑ "Plan document," "qualified participant," "refund beneficiary," and "state treasurer" defined.
Section 38.1425 ‑ Tier 2; department as fiduciary and trustee; appointment of advisory board; provisions and procedures; personnel and other services; adoption and compliance.
Section 38.1426 ‑ Request for hearing; conduct under administrative procedures act of 1969.
Section 38.1427 ‑ Investment; direction by qualified participant, former qualified participant, and refund beneficiary; applicability of limitations.
Section 38.1429 ‑ Participation in other public sector retirement benefits plan; "public sector employer" defined.
Section 38.1431 ‑ Tier 2 account; contributions; additional contribution; additional matching contributions by employer.
Section 38.1435 ‑ Tier 2; eligibility to receive distribution; effect of death of qualified participant; methods of distribution.
Section 38.1437 ‑ Exemption from state, county, municipal, or local tax; right to setoff to recover overpayments.
