| § 38.1001 |
Retirement system; creation |
| § 38.1002 |
Michigan legislative retirement system; name |
| § 38.1003 |
Construction of terms |
| § 38.1004 |
Retirement system defined |
| § 38.1005 |
Board; definition |
| § 38.1006 |
Member defined |
| § 38.1007 |
Repealed. 1981, Act 123, Imd. Eff. July 23, 1981 |
| § 38.1007a |
Direct rollover and “distributee” defined |
| § 38.1008 |
Repealed. 1981, Act 123, Imd. Eff. July 23, 1981 |
| § 38.1008a |
Definitions |
| § 38.1009 |
Salary defined |
| § 38.1010 |
Repealed. 1981, Act 123, Imd. Eff. July 23, 1981 |
| § 38.1011 |
Service defined; election to receive military service credit; effect of membership in retirement system |
| § 38.1012 |
Retirement allowance defined |
| § 38.1013 |
Retirant defined |
| § 38.1013a |
Survivor,”eligible child, and “surviving spouse” defined |
| § 38.1014 |
Refund beneficiary defined |
| § 38.1015 |
Actuarial tables; definition |
| § 38.1016 |
Prescribed rate of interest; definition |
| § 38.1017 |
Fiscal year defined |
| § 38.1017a |
Deferred vested member defined |
| § 38.1017b |
Leadership position defined |
| § 38.1017c |
Legislator defined |
| § 38.1017d |
Tier 1 and “Tier 2” defined |
| § 38.1018 |
Legislator or lieutenant governor; membership in retirement system; notice of election not to participate; refund of contributions; effect of notice; rescission of notice; contributions and interest; eligibility on or after March 31, 1997 |
| § 38.1019 |
Repealed. 1981, Act 123, Imd. Eff. July 23, 1981 |
| § 38.1020 |
Members’ retirement fund; creation; purpose; computing retirement reserves for retirement allowances; financing; state’s appropriations for current service, accrued service, and retirement allowances; allocation of employer contributions |
| § 38.1021 |
Members’ savings fund; creation; purpose; contributions; rate; additional contributions; payroll deductions; transfer of contributions upon retirement or death |
| § 38.1021a |
Member contributions picked up by state |
| § 38.1022 |
Survivors’ retirement fund; creation; purpose; contributions; rate; payroll deductions; computing retirement reserves for retirement allowances; financing; state’s appropriations for survivors’ retirement allowances |
| § 38.1022a |
Income fund; creation; purpose; interest, dividends, and other income; expenses |
| § 38.1022b |
Prorating and allocating annual appropriations to retirement system |
| § 38.1022c |
Health insurance fund; creation; disposition; disbursement; contributions; payroll deductions; nonrefundable |
| § 38.1023 |
Requirements for entitlement to retirement allowance; right to allowance; amount; recalculation of retirement allowance; election to defer receipt of retirement allowance; computation of retirement allowance; longevity allowance |
| § 38.1023a |
Repealed. 1974, Act 215, Eff. Dec. 31, 1974 |
| § 38.1023b |
Retirant or deferred vested member again becoming legislator or lieutenant governor; election to again become member; notice; conditions; nonpayment of retirement allowance; declining to again become member; exception |
| § 38.1023c |
Increase of retirement allowance |
| § 38.1023d |
Disabled member; retirement allowance; annual examination |
| § 38.1023e |
Supplemental payments for retirants or retirement allowance beneficiaries with retirement allowance effective date before January 1, 1979; future adjustments |
| § 38.1024 |
Survivor’s retirement allowance; eligibility; duration, commencement, and rate; status of adopted child; payments to eligible child; effect of marriage or attainment of ineligible age; payment of survivor’s retirement allowance as provided in written desi |
| § 38.1024a |
Remarriage of surviving spouse |
| § 38.1025 |
Retirement system as trust; board as fiduciary; nonapplicability to Tier 2 retirement plan |
| § 38.1026 |
Retirement system; board of trustees; membership; eligibility and terms; oath of office |
| § 38.1027 |
First board of trustees; organizational meeting, election of officers |
| § 38.1028 |
Vacancy in trusteeship |
| § 38.1029 |
Trustees; compensation and expenses |
| § 38.1030 |
Board of trustees; quorum, proxy |
| § 38.1031 |
Board of trustees; powers and duties |
| § 38.1032 |
Board of trustees; regular and special meetings; conducting business at public meeting; notice of meeting |
| § 38.1033 |
Board of trustees; authority as to retirement allowances, suspensions and refunds |
| § 38.1034 |
Board of trustees; certification of prescribed interest rate; adoption of actuarial tables |
| § 38.1035 |
Board of trustees; estimate of appropriation |
| § 38.1036 |
Repealed. 1987, Act 58, Imd. Eff. June 23, 1987 |
| § 38.1036a |
Reinstatement of suspended contributions |
| § 38.1037 |
Repealed. 1981, Act 123, Imd. Eff. July 23, 1981 |
| § 38.1038 |
Board of trustees; offices; books and records; availability of certain writings to public |
| § 38.1039 |
Board of trustees; appointment of secretary and administrative personnel |
| § 38.1040 |
Board of trustees; record of proceedings; individual accounts; actuarial data |
| § 38.1041 |
Board of trustees; audit of accounts; annual statement |
| § 38.1042 |
Acceptance of gift, grant, or bequest by board |
| § 38.1043 |
Individual statement |
| § 38.1044 |
Rules and bylaws |
| § 38.1045 |
Secretary of board; powers and duties |
| § 38.1046 |
Actuary; technical advisor of board, powers and duties |
| § 38.1047 |
State treasurer as ex officio treasurer of retirement system; duties |
| § 38.1048 |
Warrants |
| § 38.1049 |
Payroll voucher |
| § 38.1050 |
Investment and reinvestment of cash assets; nonapplicability to Tier 2 |
| § 38.1050a |
Grants and insurance revolving fund; creation; purpose; expenditures; payments to fund by payroll deductions; purchase and payment of premiums on life insurance policies |
| § 38.1050b |
Hospitalization, medical, dental, and vision coverage; purchase; payment of premiums; manner |
| § 38.1051 |
Investment of retirement system funds; ownership by system; registration; recording; nonapplicability to Tier 2 |
| § 38.1052 |
Board of trustees and employees; interest in investments prohibited; violation of section, penalty |
| § 38.1053 |
Vested interest in refunds; payment of member contributions; discharge of claims |
| § 38.1054 |
Payments as obligations of state; disposition of revenues |
| § 38.1055 |
Refund of contributions with interest; request; forfeiture; service credit upon resumption of membership; designation of beneficiary; payment of contributions with interest |
| § 38.1056 |
Undivided interest in assets of system |
| § 38.1057 |
Retirement allowances, benefits, and credits not subject to taxation and public employee retirement benefit protection act |
| § 38.1058 |
Retirement system records; falsification, penalty |
| § 38.1058a |
Correction of error; adjustment of payment |
| § 38.1059 |
Payment of benefits; commencement |
| § 38.1059a |
Retirement system as qualified pension plan; administrative requirements and benefit limitations; qualified military service |
| § 38.1060 |
Short title |
| § 38.1061 |
Election to terminate membership in Tier 1 and become qualified participant in Tier 2; election by deferred vested member or former nonvested member; election as irrevocable; rights and duties; method of election; signature of spouse; waiver; election sub |
| § 38.1062 |
Election to terminate membership in retirement system under MCL 38.1061(1) and (2); transfer of lump sum amount; recomputation; calculation; basis; utilization of actuarial valuation report; notification of disqualification for tax purposes |
| § 38.1063 |
Calculation of accrued cost savings; submission of total amount in executive budget to legislature; appropriation; expenditure |
| § 38.1064 |
Meanings of words and phrases; “accumulated balance” defined |
| § 38.1065 |
Employer,”former qualified participant, and “health benefit dependent” defined |
| § 38.1066 |
Qualified participant,”refund beneficiary, and “state treasurer” defined |
| § 38.1067 |
Administration and investment of Tier 2 by state treasurer; state treasurer as fiduciary and trustee; appointment of advisory board; determination of provisions and procedures; authority and responsibility of state treasurer to employ or contract with emp |
| § 38.1068 |
Hearing |
| § 38.1069 |
Accumulated employer and employee contributions and earnings; direction of investment; limitations inapplicable to Tier 2 |
| § 38.1070 |
Tier 2; payment of administrative expenses |
| § 38.1071 |
Participation in other public sector retirement benefits plan |
| § 38.1072 |
Individual becoming legislator or lieutenant governor on or after March 31, 1997; notice of election |
| § 38.1073 |
Election to terminate membership in Tier 1; crediting Tier 2 account; charging Tier 2 account for excess transfers |
| § 38.1074 |
Section subject to vesting requirements; Tier 2 contributions by employer and qualified participant; limitations |
| § 38.1075 |
Tier 2; vesting requirements and schedule; health care coverage; vesting requirements |
| § 38.1076 |
Crediting years of accrued service |
| § 38.1077 |
Refund beneficiary; nomination |
| § 38.1078 |
Distribution of accumulated balance |
| § 38.1079 |
Health insurance coverage |
| § 38.1080 |
Distributions; exemption from tax; subject to public employee retirement benefit protection act; right of setoff to recover overpayment and satisfy claims; correction of errors in records and actions |
