Act 240 of 1943 - STATE EMPLOYEES' RETIREMENT ACT (38.1 - 38.69)
- Section 38.1 - Short title; meanings of words and phrases.
- Section 38.1a - Definitions; A, B.
- Section 38.1b - Definitions; B, C.
- Section 38.1c - Definitions; D.
- Section 38.1d - Definitions.
- Section 38.1e - Definitions; F to I.
- Section 38.1f - Definitions; M to O.
- Section 38.1g - Definitions; P.
- Section 38.1h - Definitions; R.
- Section 38.1i - Definitions; S, T.
- Section 38.2 - State employees' retirement system; creation; administration by retirement board; rules.
- Section 38.3 - Retirement board; appointment and terms of members.
- Section 38.4 - Retirement board; vacancies, vacation of office.
- Section 38.5 - Retirement board; oath; quorum; conducting business at public meeting; notice of meeting; compensation and expenses.
- Section 38.6 - Retirement board; officers and employees.
- Section 38.7 - Retirement system; actuarial valuation of assets and liabilities; investigation of mortality, service, and compensation of members.
- Section 38.8 - Administrative board; investment of funds, purchase of life insurance or annuity, deposits.
- Section 38.9 - State treasurer as custodian of retirement system funds; powers and duties.
- Section 38.10 - Retirement board members and employees; interest in investments prohibited.
- Section 38.11 - Employees' savings fund, employer's accumulation fund, annuity reserve fund, pension reserve fund, income fund, expense fund, and health insurance reserve fund; creation; healt
- Section 38.12 - Annual statement of retirement funds in custody of state treasurer; availability of report and other writings to public; request for statement of credit.
- Section 38.13 - Membership in retirement system.
- Section 38.13a - Blind or partially sighted licensed vending stand operators deemed employees; rights and benefits; eligibility; contribution as condition to service credit; blindness not deemed retir
- Section 38.13b - Credited service to include credit for service rendered to joint federal-state commission; conditions.
- Section 38.14 - Information required of members by retirement board.
- Section 38.15 - Original members; prior service certification.
- Section 38.16 - Cessation of membership; reemployment.
- Section 38.17 - Service credited from state board of control for vocational education; conditions.
- Section 38.17a - Use of credited service acquired in employ of governmental unit; “governmental unit of the state” defined.
- Section 38.17b - Credited service to include service rendered certain universities.
- Section 38.17c - Retirement system service credit for period of service under county department of social services; conditions.
- Section 38.17d - Credited service to include service rendered to department of state police or its predecessor agencies, or to court of record; conditions.
- Section 38.17e, 38.17f - Repealed. 1998, Act 205, Eff. Aug. 1, 1998.
- Section 38.17g - Parental leave; purchase of service credit.
- Section 38.17h - Full-time service as employee with city, county, township, or village of this state; purchase of service credit.
- Section 38.17i - Full-time service with federal government or as state employee with another state; purchase of service credit.
- Section 38.17j - Purchase of combined total of more than 10 years prohibited; purchase of service credit in separate increments; future purchases not barred; refund; actuarial cost.
- Section 38.17k - Repealed. 1998, Act 205, Eff. Aug. 1, 1998.
- Section 38.17m - Purchase of service credit; limitation; refund.
- Section 38.17n - City employee; transfer or purchase of service credit.
- Section 38.18 - Credit for military or federal service; credit for prior service; conditions; computation.
- Section 38.19 - Retirement upon written application to retirement board; retirement without reduction in retirement allowance; definitions; layoff status because agency or inpatient facility designate
- Section 38.19a - Retirement upon satisfaction of certain requirements; monthly retirement allowance supplement; benefits, salary, or remuneration precluding payment under subsection (2); payment of si
- Section 38.19b - Right to retire and receive retirement allowance computed under MCL 38.20(1); application period; requirements; payment for accumulated sick leave in 60 monthly installments.
- Section 38.19c - Right to retire and receive retirement allowance computed under MCL 38.20(1); application period; requirements; payment for accumulated sick leave in 60 monthly installments.
- Section 38.19d - Right to retire and receive retirement allowance computed under MCL 38.20(1); application period; requirements; payment for accumulated sick leave in 60 monthly installments.
- Section 38.19e - Right to retire and receive retirement allowance computed under MCL 38.20(1); application period; requirements; payment for amounts entitled to receive at retirement.
- Section 38.19f - Retirement and receipt of retirement allowance; requirements; accumulated sick leave; request to extend effective date of retirement; calculation; state contract prohibited.
- Section 38.19g - Member meeting certain requirements on or before November 1, 2002; computation of retirement allowance; payment of accumulated sick leave or annual leave; extension of effective date;
- Section 38.19h - Payments not tax exempt and subject to certain operations of law.
- Section 38.19i - Retirement allowance; computation; accumulated sick leave; purchase of service credit; hiring under contract; limitation.
- Section 38.20 - Computation of retirement allowance; right to elect option; retirement before age 65; death of retirant; separation from service; department of mental health employee termination; reca
- Section 38.20a - Minimum retirement allowance.
- Section 38.20b - Increase in monthly retirement allowance; payment.
- Section 38.20c - Supplement to retirement allowance.
- Section 38.20d - Hospitalization, medical, dental, and vision coverage insurance premium; computation and allocation of cost savings; payment by retirement board; “retirant” defined.
- Section 38.20e - Supplemental retirement allowance; amount; payment.
- Section 38.20f - Supplement to retirement allowance payable on or after September 30, 1976.
- Section 38.20g - Determining rate of investment return on retirement system assets and present value of retirement allowances; calculation and reduction of distribution income; crediting distribution
- Section 38.20h - Supplemental payments for retirants or retirement allowance beneficiaries with retirement allowance effective date before October 1, 1986; future adjustments.
- Section 38.21 - Duty disability retirement.
- Section 38.22 - Retirement for disability at age 60; service retirement allowance; crediting 10 years of service.
- Section 38.23 - Retirement for disability before attaining age 60; benefits.
- Section 38.24 - Non-duty disability retirement.
- Section 38.25 - Retirement for disability.
- Section 38.26 - Repealed. 1955, Act 237, Eff. Oct. 24, 1955.
- Section 38.27 - Death resulting from personal injury or disease arising out of and in course of state employment; survivor benefits.
- Section 38.27a - Retirement allowances granted under MCL 38.27; adjustment.
- Section 38.28 - Withdrawal of member before retirement; refund of contributions; restoration on re-employment; court administrator.
- Section 38.29 - Death before retirement; refund of contributions.
- Section 38.30 - Withholding refund of contributions.
- Section 38.31 - Election of regular retirement allowance or reduced retirement allowance; payment options; designation of beneficiary; effect of beneficiary's death or divorce; request by nonduty
- Section 38.32 - Remarriage of surviving spouse.
- Section 38.33 - Disability retirant under age 60; medical examination required; reduction of retirement allowance on account of gainful employment.
- Section 38.34 - Disability retirant; reinstatement to service, service credits allowable.
- Section 38.35-38.37 - Repealed. 1974, Act 216, Imd. Eff. July 19, 1974.
- Section 38.38 - Annual level percent of payroll contribution rate; determination; basis; report; computation; amortization of unfunded actuarial accrued liability; annual appropriation to retirement s
- Section 38.39 - Repealed. 1982, Act 316, Imd. Eff. Oct. 18, 1982.
- Section 38.39a - Reserves for retirement allowances; legislative determination of funds from which appropriations made.
- Section 38.40 - Allowances, benefits, and other rights; exemption from taxation; subject to public employee retirement benefit protection law.
- Section 38.41 - Correction of errors in payment of retirement allowances.
- Section 38.42 - Retirement system records; falsification, penalty.
- Section 38.43 - Repealed. 1997, Act 148, Eff. Jan. 30, 1998.
- Section 38.44 - Rights, privileges, and benefits of vested employee.
- Section 38.44a - Member employed by state judicial council.
- Section 38.45 - Definitions.
- Section 38.46 - Retirement or separation from employment of supplemental member with supplemental early retirement allowance; conditions; determination of eligibility.
- Section 38.47 - Temporary straight life supplemental early retirement allowance; payment; computation; electing optional form of payment.
- Section 38.47a - Report.
- Section 38.48 - Conservation officers.
- Section 38.49 - Administration of retirement system as qualified pension plan under internal revenue code; requirements and benefit limitations; qualified military service.
- Section 38.50 - Election to terminate participation in Tier 1 and to participate in Tier 2; irrevocability; termination of employment; reemployment of deferred or former nonvested member; method of el
- Section 38.51 - Transfer of lump sum amount.
- Section 38.52 - Calculation of accrued cost savings for each fiscal year.
- Section 38.53 - Meanings of words and phrases; definitions; A to C.
- Section 38.54 - Definitions; E to H.
- Section 38.55 - Definitions; P to Y.
- Section 38.56 - State treasurer; powers and duties.
- Section 38.57 - Hearing.
- Section 38.58 - Investment of employer and employee contributions and earnings; direction by participant.
- Section 38.59 - Payment of administrative expenses.
- Section 38.60 - Other public sector retirement benefits plan; participation.
- Section 38.61 - Election by elected or appointed official.
- Section 38.62 - Transfer of amount; crediting and charging participant account.
- Section 38.63 - Contributions by employer and participant.
- Section 38.64 - Vesting requirements.
- Section 38.65 - Crediting years of service accrued.
- Section 38.66 - Refund beneficiary.
- Section 38.67 - Distributions of accumulated balance.
- Section 38.67a - Duty disability retirement allowance; supplemental benefit; health insurance coverage.
- Section 38.68 - Health insurance coverage.
- Section 38.68a - Appropriation amount; purpose; work project; estimated completion date.
- Section 38.68c - Employment of retiree receiving retirement allowance; cessation of retirement payment; applicability; coordination of benefits provision; exceptions to subsection (1).
- Section 38.69 - Exemptions from taxation; subject to public employee retirement benefit protection law; right of setoff to recover overpayments; satisfaction of claims arising from embezzlement or fra