Mich. Comp. Laws § 38.1343
This is the official text of Mich. Comp. Laws § 38.1343, 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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Percentage paid for participants in optional retirement program.
Official statutory text
Sec. 43.
The percentage of aggregate annual compensation to be paid for employees who participate in the optional retirement program under the optional retirement act of 1967, Act No. 156 of the Public Acts of 1967, as amended, being sections 38.381 to 38.388 of the Michigan Compiled Laws, shall be only for the employer's share of social security.
History: 1980, Act 300, Imd. Eff. Oct. 31, 1980; Am. 1986, Act 123, Imd. Eff. June 2, 1986; Am. 1987, Act 242, Imd. Eff. Dec. 28, 1987; Am. 1989, Act 194, Imd. Eff. Aug. 25, 1989; Am. 1994, Act 272, Imd. Eff. July 11, 1994
The percentage of aggregate annual compensation to be paid for employees who participate in the optional retirement program under the optional retirement act of 1967, Act No. 156 of the Public Acts of 1967, as amended, being sections 38.381 to 38.388 of the Michigan Compiled Laws, shall be only for the employer's share of social security.
History: 1980, Act 300, Imd. Eff. Oct. 31, 1980; Am. 1986, Act 123, Imd. Eff. June 2, 1986; Am. 1987, Act 242, Imd. Eff. Dec. 28, 1987; Am. 1989, Act 194, Imd. Eff. Aug. 25, 1989; Am. 1994, Act 272, Imd. Eff. July 11, 1994
Status: in_force · Read it on the official government site
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