™Your Policy Risk Impact Agent
47 chapters · 822 sections in this title.
Mich. Comp. Laws § 38.371 Wayne state university employee retirement system; definitions.
1.0K chars
Sec. 1. As used in this act: (a) "Board of governors" means the board of governors of Wayne state university. (b) "Board of education" means the board of education of the city of Detroit. (c) "Retirement commission" means the retirement commission of the employee retirement syste…
Mich. Comp. Laws § 38.372 Retirement allowance; payment prior to July 1, 1958.
0.2K chars
Sec. 2. Wayne retirement allowances payable on account of Wayne service terminating prior to July 1, 1958, shall be paid by the retirement system in accordance with the retirement system provisions in force at the time of such termination.
Mich. Comp. Laws § 38.373 Retirement allowance; payment after July 1, 1958.
1.4K chars
Sec. 3. Wayne retirement allowances on account of Wayne service not terminated prior to July 1, 1958, shall cease to be the obligation of the retirement system on July 1, 1958, and shall become the sole obligation of the board of governors. If any person included in the foregoing…
Mich. Comp. Laws § 38.374 Separation of employees from Detroit school district employees retirement system; actuarial determination of credits and debits of board of governors and retirement commission.
1.5K chars
Sec. 4. A determination shall be made by the actuary for the legislative retirement system provided in sections 39 and 46 of Act No. 261 of the Public Acts of 1957, being sections 38.1039 and 38.1040 of the Compiled Laws of 1948, of the respective rights and the liabilities as to…