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Act 88 of 1961
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RECIPROCAL RETIREMENT ACT

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


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
Section 38.1101SectionReciprocal retirement act; short title.
Section 38.1102SectionReciprocal retirement act; definitions.
Section 38.1103SectionReciprocal retirement act; adoption by municipal or state unit; certification, force and effect.
Section 38.1104SectionReciprocal retirement system; eligibility for retirement allowance; conditions; commencement of retirement allowance.
Section 38.1105SectionCredited service generally.
Section 38.1106SectionTransfer of credited service; agreement between preceding reciprocal unit and succeeding reciprocal unit; resolution; financial consideration; actuarial present value of retirement allowance; written policy.