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300-1980-6
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THE PUBLIC SCHOOL EMPLOYEES RETIREMENT ACT OF 1979 (EXCERPT)
Act 300 of 1980
Article 6


DocumentTypeDescription
Section 38.1401SectionSupplemental pension.
Section 38.1402SectionPercentage increase to monthly retirement allowance payable after June 30, 1972; continuation.
Section 38.1403SectionPercentage increase to monthly retirement allowance payable under former provisions; continuation.
Section 38.1404SectionPercentage increase to monthly retirement allowance payable under additional former provisions; continuation.
Section 38.1404aSectionDetermining 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 38.1405SectionViolation; penalty.
Section 38.1406SectionSaving clause.
Section 38.1407SectionRepeal of MCL 38.201 to 38.366.
Section 38.1408SectionAdministration of retirement system as qualified pension plan created in trust under internal revenue code; requirements and benefit limitations; qualified military service.
Section 38.1409-38.1412SectionRepealed. 1997, Act 143, Imd. Eff. Nov. 19, 1997.