Mich. Comp. Laws § 38.1613
This is the official text of Mich. Comp. Laws § 38.1613, 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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Summary of fiscal transactions.
Official statutory text
Sec. 13.
By April 15 of each year, the department shall furnish to the governor, the legislature, each retirant or beneficiary of a deceased retirant, and each member, a summary of the fiscal transactions of the retirement system for the last completed fiscal year. The summary shall contain at least the following information from the actuarial and financial statements:
A statement of assets and liabilities.
A statement of investments by, and amount earned in, each category.
A statement of revenues and expenditures.
A statement of the estimated number of members having vested pension benefits for which the retirement system is liable.
Other information the department or retirement board considers necessary.
History: 1986, Act 182, Eff. Oct. 1, 1986
By April 15 of each year, the department shall furnish to the governor, the legislature, each retirant or beneficiary of a deceased retirant, and each member, a summary of the fiscal transactions of the retirement system for the last completed fiscal year. The summary shall contain at least the following information from the actuarial and financial statements:
A statement of assets and liabilities.
A statement of investments by, and amount earned in, each category.
A statement of revenues and expenditures.
A statement of the estimated number of members having vested pension benefits for which the retirement system is liable.
Other information the department or retirement board considers necessary.
History: 1986, Act 182, Eff. Oct. 1, 1986
Status: in_force · Read it on the official government site
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