Mich. Comp. Laws § 38.1403
This is the official text of Mich. Comp. Laws § 38.1403, 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 increase to monthly retirement allowance payable under former provisions; continuation.
Official statutory text
Sec. 103.
(1) The percentage increase to the monthly retirement allowance payable to a retirant or retirement allowance beneficiary under section 27d of chapter I or section 25a of chapter II of former Act No. 136 of the Public Acts of 1945, is continued as provided in this section.
(2) After June 30, 1974, the monthly retirement allowance payable to a retirant or retirement allowance beneficiary who was on the rolls for June, 1973, is supplemented as follows:
Effective Date of Retirement Increase July 1, 1972, to June 30, 1973 1% July 1, 1971, to June 30, 1972 2% July 1, 1970, to June 30, 1971 3% July 1, 1969, to June 30, 1970 4% July 1, 1968, to June 30, 1969 5% July 1, 1967, to June 30, 1968 6% July 1, 1966, to June 30, 1967 7% July 1, 1965, to June 30, 1966 8% July 1, 1964, to June 30, 1965 9% July 1, 1963, to June 30, 1964 10% July 1, 1962, to June 30, 1963 11% July 1, 1961, to June 30, 1962 12% July 1, 1960, to June 30, 1961 13% July 1, 1959, to June 30, 1960 14% July 1, 1958, to June 30, 1959 15% July 1, 1957, to June 30, 1958 16% July 1, 1956, to June 30, 1957 17%
Effective Date of Retirement
Increase
July 1, 1972, to June 30, 1973
1%
July 1, 1971, to June 30, 1972
2%
July 1, 1970, to June 30, 1971
3%
July 1, 1969, to June 30, 1970
4%
July 1, 1968, to June 30, 1969
5%
July 1, 1967, to June 30, 1968
6%
July 1, 1966, to June 30, 1967
7%
July 1, 1965, to June 30, 1966
8%
July 1, 1964, to June 30, 1965
9%
July 1, 1963, to June 30, 1964
10%
July 1, 1962, to June 30, 1963
11%
July 1, 1961, to June 30, 1962
12%
July 1, 1960, to June 30, 1961
13%
July 1, 1959, to June 30, 1960
14%
July 1, 1958, to June 30, 1959
15%
July 1, 1957, to June 30, 1958
16%
July 1, 1956, to June 30, 1957
17%
History: 1980, Act 300, Imd. Eff. Oct. 31, 1980; Am. 1985, Act 91, Imd. Eff. July 10, 1985
(1) The percentage increase to the monthly retirement allowance payable to a retirant or retirement allowance beneficiary under section 27d of chapter I or section 25a of chapter II of former Act No. 136 of the Public Acts of 1945, is continued as provided in this section.
(2) After June 30, 1974, the monthly retirement allowance payable to a retirant or retirement allowance beneficiary who was on the rolls for June, 1973, is supplemented as follows:
Effective Date of Retirement Increase July 1, 1972, to June 30, 1973 1% July 1, 1971, to June 30, 1972 2% July 1, 1970, to June 30, 1971 3% July 1, 1969, to June 30, 1970 4% July 1, 1968, to June 30, 1969 5% July 1, 1967, to June 30, 1968 6% July 1, 1966, to June 30, 1967 7% July 1, 1965, to June 30, 1966 8% July 1, 1964, to June 30, 1965 9% July 1, 1963, to June 30, 1964 10% July 1, 1962, to June 30, 1963 11% July 1, 1961, to June 30, 1962 12% July 1, 1960, to June 30, 1961 13% July 1, 1959, to June 30, 1960 14% July 1, 1958, to June 30, 1959 15% July 1, 1957, to June 30, 1958 16% July 1, 1956, to June 30, 1957 17%
Effective Date of Retirement
Increase
July 1, 1972, to June 30, 1973
1%
July 1, 1971, to June 30, 1972
2%
July 1, 1970, to June 30, 1971
3%
July 1, 1969, to June 30, 1970
4%
July 1, 1968, to June 30, 1969
5%
July 1, 1967, to June 30, 1968
6%
July 1, 1966, to June 30, 1967
7%
July 1, 1965, to June 30, 1966
8%
July 1, 1964, to June 30, 1965
9%
July 1, 1963, to June 30, 1964
10%
July 1, 1962, to June 30, 1963
11%
July 1, 1961, to June 30, 1962
12%
July 1, 1960, to June 30, 1961
13%
July 1, 1959, to June 30, 1960
14%
July 1, 1958, to June 30, 1959
15%
July 1, 1957, to June 30, 1958
16%
July 1, 1956, to June 30, 1957
17%
History: 1980, Act 300, Imd. Eff. Oct. 31, 1980; Am. 1985, Act 91, Imd. Eff. July 10, 1985
Status: in_force · Read it on the official government site
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