MCL - Act 182 of 1986


STATE POLICE RETIREMENT ACT OF 1986

Act 182 of 1986

AN ACT to provide for the Michigan department of state police retirement system; to create certain reserves and certain funds for this retirement system; to provide for the creation of a retirement board within the department of technology, management, and budget; to prescribe the powers and duties of the retirement board; to prescribe the powers and duties of the department of state police, the department of technology, management, and budget, and certain state officers; and to repeal certain acts and parts of acts.


History: 1986, Act 182, Eff. Oct. 1, 1986 ;-- Am. 2015, Act 168, Imd. Eff. Nov. 3, 2015




The People of the State of Michigan enact:
Document Type Description
Section 38.1601 Section Short title.
Section 38.1602 Section Meanings of words and phrases.
Section 38.1603 Section Definitions; B to L.
Section 38.1604 Section Definitions; M to S.
Section 38.1605 Section Michigan state police retirement system; creation.
Section 38.1606 Section State police retirement board; creation; appointment, qualifications, and terms of members.
Section 38.1607 Section State police retirement board; oath of member; conducting business at public meeting; notice; quorum; failure of member to attend 3 consecutive meetings; availability of writings to public; rules.
Section 38.1608 Section State police retirement board; per diem compensation; reimbursement of expenses; maximum number of meetings.
Section 38.1609 Section State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; limitations on investment of funds; deposit of funds; disposition of income earned by reserves.
Section 38.1610 Section Warrants.
Section 38.1611 Section Engagement of actuary; annual valuation; experience investigation and risk assumptions; report.
Section 38.1612 Section State police retirement board; chairperson; executive secretary.
Section 38.1613 Section Summary of fiscal transactions.
Section 38.1613a Section Correction of error; benefit payment adjustment.
Section 38.1614 Section Funding objective of retirement system; annual level percentage of payroll contribution rate; submission of differences to legislature for appropriation; allocation and deposit of funds; pension and retiree health care payroll growth assumption rate; normal cost contribution rate.
Section 38.1614a Section Intent; retirement system as qualified pension plan and trust as exempt organization; administration; employer-financed benefit limitation; use and investment of assets; return of post-tax member contributions; beginning date of distributions; termination of retirement system; election to rollover to retirement plan; qualified military service.
Section 38.1615 Section Reserve for employee contributions; subaccounts; transfer of accumulated member contributions.
Section 38.1615a Section Mandatory contributions into the reserve for employee contributions.
Section 38.1616 Section Reserve for employer contributions; transfer of accumulated employer contributions.
Section 38.1617 Section Reserve for retired benefit payments; transfer between reserve for employer contributions and reserve for retired benefit payments.
Section 38.1618 Section Reserve for casualty experience; initial casualty valuation as determining full funding reserve requirements; allocation from assets; retiree casualty payments; “casualty” defined.
Section 38.1619 Section Reserve for undistributed investment income; amounts to be transferred; providing contingency reserves or meeting requirements of other reserve accounts; insufficient balance.
Section 38.1620 Section Administrative expenses; appropriation.
Section 38.1621 Section Allocation of undistributed investment income; charging amounts allocated; allocation rates.
Section 38.1622 Section Payment date of retirement allowance; payment upon cessation of retirement allowance.
Section 38.1623 Section Employees of department of state police as members of retirement system; Tier 1 or Tier 2 plan; resignation, death, transfer, or dismissal of member; lump sum; transfer of unclaimed contributions.
Section 38.1624 Section Eligibility for retirement; application for retirement; mandatory retirement; amount of retirement allowance; death of retirant; appeal to retirement board; retirement allowance payment options; retirement allowance beneficiary; exception; written request.
Section 38.1624a Section Deferred retirement option plan.
Section 38.1624b Section Members on or after June 10, 2012; minimum eligibility for retirement; application for retirement; amount of retirement allowance.
Section 38.1625 Section Payment of retirement allowance to surviving spouse, children, mother, father, sisters, or brothers; payment to deceased member's estate; applicability of supplements to retirement allowances and minimum annual retirement allowance provisions; maximum retirement allowance; eligibility for health insurance coverage.
Section 38.1626 Section Retirement due to duty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate; maximum retirement allowance; eligibility for health insurance coverage.
Section 38.1627 Section Nonduty related death prior to effective date of retirement; payment to surviving spouse or children; payment to deceased member's estate; prohibited payment; commencement of retirement allowance; eligibility for health insurance coverage.
Section 38.1628 Section Retirement due to nonduty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate; eligibility for health insurance coverage.
Section 38.1629 Section Retirement allowance on grounds of disability; medical examination; certification of findings; failure to return to active duty; forfeiture of rights.
Section 38.1630 Section Deferred retirement allowance in lieu of refund of contributions; amount; commencement and duration of payments; forfeiture; payment to surviving spouse or dependent children; effect of reemployment; combining prior and subsequent service; recomputation of retirement allowance; service credit for member not meeting vision screening standards.
Section 38.1631 Section Remarriage of surviving spouse.
Section 38.1632 Section Purchase of service credit for active duty with armed forces.
Section 38.1633 Section Purchase of service credit for service in VISTA or Peace Corps; eligibility exception.
Section 38.1634 Section Leaving service or reducing hours of employment for purposes of maternity or paternity or child rearing; purchase of service credit; eligibility exception.
Section 38.1635 Section Partial purchase of service credit.
Section 38.1636 Section Reinstatement of disability retirant.
Section 38.1637 Section Supplement to retirement allowance under former MCL 28.107(5).
Section 38.1638 Section Supplement to retirement allowance under former MCL 28.108c.
Section 38.1639 Section Supplement to retirement allowance on or after October 1, 1986.
Section 38.1639a Section Monthly retirement allowance of retirant or beneficiary of deceased retirant; increase in payments; requirements; basis for calculations of future adjustments.
Section 38.1640 Section Total retirement allowance of retirant or beneficiary of deceased retirant; increase; basis for calculations of future adjustments.
Section 38.1640a Section Retirement allowance of retirant or retirement allowance beneficiary; increase; amount; limitation.
Section 38.1640b Section Recalculation of retirement allowance.
Section 38.1640c Section Supplemental benefit; conditions.
Section 38.1641 Section Retirement allowance increases for command officers; effect on salary adjustments.
Section 38.1641a Section Retirant participating and accruing leave time in bank time hours program established December 22, 1957 to July 13, 1963; supplement.
Section 38.1642 Section Payment of hospitalization and medical, dental, and vision coverage insurance premiums; creation and function of health-dental-and vision benefits fund; health advance funding subaccount; transfer of funds; application of section to certain members.
Section 38.1642a Section Elimination of health insurance coverage premium for certain members; contributions into Tier 2 account; credit to health reimbursement account.
Section 38.1642b Section Qualified participant; Tier 1 and Tier 2 vesting schedule.
Section 38.1643 Section Right of member, retirant, or beneficiary to retirement allowance or other benefit.
Section 38.1644 Section Transfer of records, personnel, property, or funds to retirement system.
Section 38.1645 Section General administration, management, and responsibility for operation of retirement system.
Section 38.1646 Section Savings clause.
Section 38.1647 Section Repeal of MCL 28.101 to 28.110.
Section 38.1648 Section Effective date; exceptions.
Section 38.1660 Section Implementation of Tier 2 plan.
Section 38.1661 Section Meanings of words and phrases.
Section 38.1662 Section Definitions; A to C.
Section 38.1663 Section Definitions; E to F.
Section 38.1664 Section Definitions; P to R.
Section 38.1665 Section Administration of Tier 2 plan; department as fiduciary and trustee; plan document; employ or contract personnel.
Section 38.1666 Section Claim of rights under Tier 2; hearing; application of administrative procedures act to Tier 2.
Section 38.1666.amended Section Claim of rights under Tier 2; hearing; application of administrative procedures act to Tier 2.
Section 38.1667 Section Investment options under Tier 2 plan; limitations do not apply.
Section 38.1668 Section Payment of administrative expenses of Tier 2 plan.
Section 38.1669 Section Participation in other public sector retirement benefits plan prohibited; exception.
Section 38.1670 Section Tier 2 vesting and contribution requirements.
Section 38.1672 Section Nomination of refund beneficiary; requirements.
Section 38.1673 Section Distribution of accumulated balance in Tier 2; death of participant; optional methods of distribution.
Section 38.1674 Section Right of setoff; overpayments; embezzlement or fraud; correction of errors.