MCL - 300-1980-2
Act 300 of 1980
| Document | Type | Description |
|---|---|---|
| Section 38.1321 | Section | Public school employees' retirement system; creation. |
| Section 38.1322 | Section | Public school employees' retirement board; creation; appointment, qualifications, and terms of members; vacancy. |
| Section 38.1323 | Section | Retirement board; oath; conducting business at public meeting; notice of meeting; quorum; failure to attend scheduled meetings; availability of writings to public. |
| Section 38.1324 | Section | Retirement board; compensation and expenses. |
| Section 38.1325 | Section | Retirement board; rights, authority, and discretion; rules; limitation; study period; information to be provided to certain universities. |
| Section 38.1326 | Section | State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; disposition of funds. |
| Section 38.1327 | Section | Warrants. |
| Section 38.1328 | Section | Summary of fiscal transactions; contents; description of retirement benefits; information to be posted on internet website and sent via electronic mail; database. |
| Section 38.1329 | Section | Reserve for employee contributions; individual subaccounts; refund, payment, or transfer of accumulated contributions. |
| Section 38.1330 | Section | Reserve for employer contributions. |
| Section 38.1331 | Section | Reserve for administrative expenses. |
| Section 38.1332 | Section | General fund. |
| Section 38.1333 | Section | Reserve for member investment plan; remittance of member contributions; individual subaccounts; refund, payment, or transfer of accumulated contributions. |
| Section 38.1334 | Section | Reserve for health benefits; payments; health advance; funding subaccount; transfer to reserve for employer contributions; conditions. |
| Section 38.1335 | Section | Reserve for retired benefit payments. |
| Section 38.1336 | Section | Reserve for undistributed investment income; pension stabilization subaccount. |