Michigan Compiled Laws Complete Through PA 122 of 2024
MCL Complete Through PA 122 of 2024
Senate adjourned until Tuesday, September 10, 2024 10:00 AM
Senate adjourned until 09/10/24 10:00 AM
House adjourned until Wednesday, September 11, 2024 1:30 PM
House adjourned until 09/11/24 1:30 PM
Document - Section 38.1341
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Section 38.1341
Determining annual level percentage of payroll contribution rates; factors; unfunded actuarial accrued liability contribution rate; computation and certification of sum due and payable; payment; certification of actual aggregate compensation; 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; experience investigation study; risk assumptions; report; pension and retiree health care payroll growth assumption rate; "university reporting unit" defined.