Mich. Comp. Laws § 38.571
This is the official text of Mich. Comp. Laws § 38.571, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Reserve fund; use of interest for medical, hospital, or nursing care for system member; "reserve fund" defined.
Official statutory text
Sec. 1.
Subject to the protecting local government and retirement benefits act, the board of trustees with the approval of the governing body of the county, city, village, or township of any police and firemen retirement system, municipal employees retirement system, or county retirement system may use not more than 1/2 of the interest earned by any reserve fund in the system to contract for medical, hospital, or nursing care for any person receiving benefits of the system. As used in this section, "reserve fund" means the money contributed by the city, village, township, or county.
History: 1966, Act 28, Imd. Eff. May 3, 1966; Am. 1968, Act 201, Imd. Eff. June 24, 1968; Am. 2002, Act 602, Imd. Eff. Dec. 20, 2002; Am. 2017, Act 206, Imd. Eff. Dec. 20, 2017
Subject to the protecting local government and retirement benefits act, the board of trustees with the approval of the governing body of the county, city, village, or township of any police and firemen retirement system, municipal employees retirement system, or county retirement system may use not more than 1/2 of the interest earned by any reserve fund in the system to contract for medical, hospital, or nursing care for any person receiving benefits of the system. As used in this section, "reserve fund" means the money contributed by the city, village, township, or county.
History: 1966, Act 28, Imd. Eff. May 3, 1966; Am. 1968, Act 201, Imd. Eff. June 24, 1968; Am. 2002, Act 602, Imd. Eff. Dec. 20, 2002; Am. 2017, Act 206, Imd. Eff. Dec. 20, 2017
Status: in_force · Read it on the official government site
Need a lawyer in Michigan?
Find a Michigan lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.