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Michigan Legislative Website


Michigan Compiled Laws Complete Through PA 29 of 2013
House: Adjourned until Tuesday, May 28, 2013 10:00:00 AM
Senate: Adjourned until Tuesday, May 28, 2013 10:00:00 AM

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(31 found)
Search Criteria: Public Act Number = 75; Public Act Year = 2010

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DocumentTypeDescription
Section 38.1304SectionDefinitions; C to M.
Section 38.1325SectionRetirement board; rights, authority, and discretion; rules; limitation; study period; information to be provided to certain universities.
Section 38.1326SectionState treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; disposition of funds.
Section 38.1341SectionDetermining 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 38.1341bSectionEmployees 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 38.1342SectionReporting 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 38.1343cSectionEntitlements.
Section 38.1343eSectionMember before September 4, 2012; contribution of percentage to funding account under public employee retirement health care funding act; "funding account" defined.
Section 38.1361SectionEmployment of retirant in reporting unit.
Section 38.1381SectionRetirement allowance under MCL 38.1384; application; eligibility requirements.
Section 38.1381bSectionRetirement; eligibility requirements; computation; extension; "incentivized retirement application period" defined; amortization of additional costs.
Section 38.1381cSectionMember 60 years of age or older with 10 or more years service.
Section 38.1386SectionDisability allowance; requirements; extension of application time limit; computation; effective date.
Section 38.1387SectionDuty disability retirement allowance; requirements; computation; effective date; service credit; adjustment.
Section 38.1391SectionHospital, 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 38.1392aSectionAdministration of changes; appropriation; work project; carrying forward unencumbered or unallotted funds.
Section 38.1420SectionTier 2 plan; implementation.
Section 38.1421SectionWords and phrases in sections 122 to 124; date for implementation of Tier 2 plan.
Section 38.1422Section"Accumulated balance" and "compensation" defined.
Section 38.1423Section"Employer" and "former qualified participant" defined.
Section 38.1424Section"Plan document," "qualified participant," "refund beneficiary," and "state treasurer" defined.
Section 38.1425SectionTier 2; department as fiduciary and trustee; appointment of advisory board; provisions and procedures; personnel and other services; adoption and compliance.
Section 38.1426SectionRequest for hearing; conduct under administrative procedures act of 1969.
Section 38.1427SectionInvestment; direction by qualified participant, former qualified participant, and refund beneficiary; applicability of limitations.
Section 38.1428SectionTier 2; administrative expenses.
Section 38.1429SectionParticipation in other public sector retirement benefits plan; "public sector employer" defined.
Section 38.1431SectionTier 2 account; contributions; additional contribution; additional matching contributions by employer.
Section 38.1432SectionVesting.
Section 38.1434SectionRefund beneficiary.
Section 38.1435SectionTier 2; eligibility to receive distribution; effect of death of qualified participant; methods of distribution.
Section 38.1437SectionExemption from state, county, municipal, or local tax; right to setoff to recover overpayments.