MCL - Act 88 of 1961
AN ACT to provide for the preservation and continuity of retirement system service credits for public employees who transfer their employment between units of government.
History: 1961, Act 88, Eff. Sept. 8, 1961
| Document | Type | Description |
|---|---|---|
| Section 38.1101 | Section | Reciprocal retirement act; short title. |
| Section 38.1102 | Section | Reciprocal retirement act; definitions. |
| Section 38.1102a | Section | Compliance with applicable requirements of protecting local government retirement and benefits act. |
| Section 38.1103 | Section | Reciprocal retirement act; adoption by municipal or state unit; certification, force and effect. |
| Section 38.1104 | Section | Reciprocal retirement system; eligibility for retirement allowance; conditions; commencement of retirement allowance. |
| Section 38.1105 | Section | Credited service generally. |
| Section 38.1106 | Section | Transfer of credited service; agreement between preceding reciprocal unit and succeeding reciprocal unit; resolution; financial consideration; actuarial present value of retirement allowance; written policy. |