Mich. Comp. Laws § 38.1036a
This is the official text of Mich. Comp. Laws § 38.1036a, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Reinstatement of suspended contributions.
Official statutory text
Sec. 36a.
If the actuary determines in his or her annual valuation of the system that the system is less than 100% funded, the retirement board may reinstate the member contributions that were suspended in sections 21, 22, and 50a and reduce the member contributions that were increased in section 22c.
History: Add. 1998, Act 501, Imd. Eff. Jan. 5, 1999
If the actuary determines in his or her annual valuation of the system that the system is less than 100% funded, the retirement board may reinstate the member contributions that were suspended in sections 21, 22, and 50a and reduce the member contributions that were increased in section 22c.
History: Add. 1998, Act 501, Imd. Eff. Jan. 5, 1999
Status: in_force · Read it on the official government site
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