Mich. Comp. Laws § 38.1669
This is the official text of Mich. Comp. Laws § 38.1669, 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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Participation in other public sector retirement benefits plan prohibited; exception.
Official statutory text
Sec. 69.
A qualified participant shall not participate in any other public sector retirement benefits plan for simultaneous service rendered to the same public sector employer. Except as otherwise provided in this act or by the department, this section does not prohibit a qualified participant from participating in a retirement plan established by this state or other public sector employer under the internal revenue code. For the purposes of this section, "public sector employer" includes, but is not limited to, a reporting unit.
History: Add. 2018, Act 674, Imd. Eff. Dec. 28, 2018
A qualified participant shall not participate in any other public sector retirement benefits plan for simultaneous service rendered to the same public sector employer. Except as otherwise provided in this act or by the department, this section does not prohibit a qualified participant from participating in a retirement plan established by this state or other public sector employer under the internal revenue code. For the purposes of this section, "public sector employer" includes, but is not limited to, a reporting unit.
History: Add. 2018, Act 674, Imd. Eff. Dec. 28, 2018
Status: in_force · Read it on the official government site
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