MCL - 234-1992-VII
Act 234 of 1992
Document | Type | Description |
---|---|---|
Section 38.2651 | Section | Participation in Tier 1 or Tier 2 by member, vested former member, or former nonvested member; election; writing; irrevocability; method; election subject to domestic relations order act; disqualification for tax purposes; election not implemented due to court order. |
Section 38.2651a | Section | Participation of judge of circuit court, probate court, or district court in Tier 1 or Tier 2; election; window of opportunity; method; disqualification for tax purposes. |
Section 38.2651b | Section | Election pursuant to MCL 38.2651 or MCL 38.2651a. |
Section 38.2652 | Section | Termination of membership; transfer, recomputation, and calculation by retirement system. |
Section 38.2652a | Section | Termination of membership in Tier 1 pursuant to MCL 38.2651a; definitions; transfer to account in Tier 2; calculation; disqualification for tax purposes. |
Section 38.2653 | Section | Calculation and submission of cost savings. |
Section 38.2654 | Section | Meanings of words and phrases; “accumulated balance” defined. |
Section 38.2655 | Section | “Employer,”“former qualified participant,” and “health benefit dependent” defined. |
Section 38.2656 | Section | “Qualified participant,”“refund beneficiary,”“salary,” and “state treasurer” defined. |
Section 38.2657 | Section | Administration of Tier 2 by state treasurer. |
Section 38.2658 | Section | Hearing. |
Section 38.2659 | Section | Direction of investment by qualified participant, former qualified participant, and refund beneficiary. |
Section 38.2660 | Section | Administrative expenses. |
Section 38.2661 | Section | Participation in other retirement benefits plan; prohibition. |
Section 38.2662 | Section | Judge or state official; election not to participate or to discontinue participation in Tier 2. |
Section 38.2663 | Section | Election to terminate membership in Tier 1; credit or charge to Tier 2 account. |
Section 38.2664 | Section | Contributions by employer and participant. |
Section 38.2664.amended | Section | Contributions by employer and participant. |
Section 38.2665 | Section | Vesting requirements. |
Section 38.2666 | Section | Participation in Tier 2; crediting years of service accrued under Tier 1. |
Section 38.2667 | Section | Refund beneficiary. |
Section 38.2668 | Section | Methods of distribution. |
Section 38.2669 | Section | Health insurance coverage. |
Section 38.2670 | Section | Distributions; exemption from tax; subject to taxation beginning January 1, 2012; right of setoff to recover overpayments; satisfaction of claims arising from embezzlement or fraud; correction of errors. |