Act 182 of 1986 - STATE POLICE RETIREMENT ACT OF 1986 (38.1601 - 38.1648) - Michigan Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-38 > Act-182-of-1986

Section 38.1601 - Short title.
Section 38.1602 - Meanings of words and phrases.
Section 38.1603 - Definitions; B to L.
Section 38.1604 - Definitions; M to S.
Section 38.1605 - Michigan state police retirement system; creation.
Section 38.1606 - State police retirement board; creation; appointment, qualifications, and terms of members.
Section 38.1607 - State police retirement board; oath of member; conducting business at public meeting; notice; quorum; failure of member to attend 3 consecutive meetings; availability of writings to
Section 38.1608 - State police retirement board; per diem compensation; reimbursement of expenses; maximum number of meetings.
Section 38.1609 - State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; limitations on investment of funds; deposit of funds; disposition of income earned
Section 38.1610 - Warrants.
Section 38.1611 - Engagement of actuary; biennial valuation; risk assumptions.
Section 38.1612 - State police retirement board; chairperson; executive secretary.
Section 38.1613 - Summary of fiscal transactions.
Section 38.1613a - Correction of error; benefit payment adjustment.
Section 38.1614 - Funding objective of retirement system; annual level percentage of payroll contribution rate; submission of differences to legislature for appropriation; allocation and deposit of fu
Section 38.1614a - Intent; retirement system as qualified pension plan and trust as exempt organization; administration; employer-financed benefit limitation; use and investment of assets; return of p
Section 38.1615 - Reserve for employee contributions; subaccounts; transfer of accumulated member contributions.
Section 38.1616 - Reserve for employer contributions; transfer of accumulated employer contributions.
Section 38.1617 - Reserve for retired benefit payments; transfer between reserve for employer contributions and reserve for retired benefit payments.
Section 38.1618 - Reserve for casualty experience; initial casualty valuation as determining full funding reserve requirements; allocation from assets; retiree casualty payments; “casualty” defined.
Section 38.1619 - Reserve for undistributed investment income; amounts to be transferred; providing contingency reserves or meeting requirements of other reserve accounts; insufficient balance.
Section 38.1620 - Administrative expenses; appropriation.
Section 38.1621 - Allocation of undistributed investment income; charging amounts allocated; allocation rates.
Section 38.1622 - Payment date of retirement allowance; payment upon cessation of retirement allowance.
Section 38.1623 - Employees of department of state police as members of retirement system; resignation, death, transfer, or dismissal of member; lump sum.
Section 38.1624 - Eligibility for retirement; application for retirement; mandatory retirement; amount of retirement allowance; death of retirant; appeal to retirement board.
Section 38.1624a - Deferred retirement option plan.
Section 38.1625 - Payment of retirement allowance to surviving spouse, children, mother, father, sisters, or brothers; payment to deceased member's estate; applicability of supplements to retireme
Section 38.1626 - Retirement due to duty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate; maximum retirement allow
Section 38.1627 - Nonduty related death prior to effective date of retirement; payment to surviving spouse or children; payment to deceased member's estate; prohibited payment; commencement of ret
Section 38.1628 - Retirement due to nonduty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate.
Section 38.1629 - Retirement allowance on grounds of disability; medical examination; certification of findings; failure to return to active duty; forfeiture of rights.
Section 38.1630 - Deferred retirement allowance in lieu of refund of contributions; amount; commencement and duration of payments; forfeiture; payment to surviving spouse or dependent children; effect
Section 38.1631 - Remarriage of surviving spouse.
Section 38.1632 - Purchase of service credit for active duty with armed forces.
Section 38.1633 - Purchase of service credit for service in VISTA or Peace Corps.
Section 38.1634 - Leaving service or reducing hours of employment for purposes of maternity or paternity or child rearing; purchase of service credit.
Section 38.1635 - Partial purchase of service credit.
Section 38.1636 - Reinstatement of disability retirant.
Section 38.1637 - Supplement to retirement allowance under former MCL 28.107(5).
Section 38.1638 - Supplement to retirement allowance under former MCL 28.108c.
Section 38.1639 - Supplement to retirement allowance on or after October 1, 1986.
Section 38.1639a - Monthly retirement allowance of retirant or beneficiary of deceased retirant; increase in payments; requirements; basis for calculations of future adjustments.
Section 38.1640 - Total retirement allowance of retirant or beneficiary of deceased retirant; increase; basis for calculations of future adjustments.
Section 38.1640a - Retirement allowance of retirant or retirement allowance beneficiary; increase; amount; limitation.
Section 38.1640b - Recalculation of retirement allowance.
Section 38.1641 - Retirement allowance increases for command officers; effect on salary adjustments.
Section 38.1641a - Retirant participating and accruing leave time in bank time hours program established December 22, 1957 to July 13, 1963; supplement.
Section 38.1642 - Payment of hospitalization and medical, dental, and vision coverage insurance premiums; creation and function of health-dental-and vision benefits fund; health advance funding subacc
Section 38.1643 - Right of member, retirant, or beneficiary to retirement allowance or other benefit.
Section 38.1644 - Transfer of records, personnel, property, or funds to retirement system.
Section 38.1645 - General administration, management, and responsibility for operation of retirement system.
Section 38.1646 - Savings clause.
Section 38.1647 - Repeal of MCL 28.101 to 28.110.
Section 38.1648 - Effective date; exceptions.

State Codes and Statutes

Statutes > Michigan > Chapter-38 > Act-182-of-1986

Section 38.1601 - Short title.
Section 38.1602 - Meanings of words and phrases.
Section 38.1603 - Definitions; B to L.
Section 38.1604 - Definitions; M to S.
Section 38.1605 - Michigan state police retirement system; creation.
Section 38.1606 - State police retirement board; creation; appointment, qualifications, and terms of members.
Section 38.1607 - State police retirement board; oath of member; conducting business at public meeting; notice; quorum; failure of member to attend 3 consecutive meetings; availability of writings to
Section 38.1608 - State police retirement board; per diem compensation; reimbursement of expenses; maximum number of meetings.
Section 38.1609 - State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; limitations on investment of funds; deposit of funds; disposition of income earned
Section 38.1610 - Warrants.
Section 38.1611 - Engagement of actuary; biennial valuation; risk assumptions.
Section 38.1612 - State police retirement board; chairperson; executive secretary.
Section 38.1613 - Summary of fiscal transactions.
Section 38.1613a - Correction of error; benefit payment adjustment.
Section 38.1614 - Funding objective of retirement system; annual level percentage of payroll contribution rate; submission of differences to legislature for appropriation; allocation and deposit of fu
Section 38.1614a - Intent; retirement system as qualified pension plan and trust as exempt organization; administration; employer-financed benefit limitation; use and investment of assets; return of p
Section 38.1615 - Reserve for employee contributions; subaccounts; transfer of accumulated member contributions.
Section 38.1616 - Reserve for employer contributions; transfer of accumulated employer contributions.
Section 38.1617 - Reserve for retired benefit payments; transfer between reserve for employer contributions and reserve for retired benefit payments.
Section 38.1618 - Reserve for casualty experience; initial casualty valuation as determining full funding reserve requirements; allocation from assets; retiree casualty payments; “casualty” defined.
Section 38.1619 - Reserve for undistributed investment income; amounts to be transferred; providing contingency reserves or meeting requirements of other reserve accounts; insufficient balance.
Section 38.1620 - Administrative expenses; appropriation.
Section 38.1621 - Allocation of undistributed investment income; charging amounts allocated; allocation rates.
Section 38.1622 - Payment date of retirement allowance; payment upon cessation of retirement allowance.
Section 38.1623 - Employees of department of state police as members of retirement system; resignation, death, transfer, or dismissal of member; lump sum.
Section 38.1624 - Eligibility for retirement; application for retirement; mandatory retirement; amount of retirement allowance; death of retirant; appeal to retirement board.
Section 38.1624a - Deferred retirement option plan.
Section 38.1625 - Payment of retirement allowance to surviving spouse, children, mother, father, sisters, or brothers; payment to deceased member's estate; applicability of supplements to retireme
Section 38.1626 - Retirement due to duty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate; maximum retirement allow
Section 38.1627 - Nonduty related death prior to effective date of retirement; payment to surviving spouse or children; payment to deceased member's estate; prohibited payment; commencement of ret
Section 38.1628 - Retirement due to nonduty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate.
Section 38.1629 - Retirement allowance on grounds of disability; medical examination; certification of findings; failure to return to active duty; forfeiture of rights.
Section 38.1630 - Deferred retirement allowance in lieu of refund of contributions; amount; commencement and duration of payments; forfeiture; payment to surviving spouse or dependent children; effect
Section 38.1631 - Remarriage of surviving spouse.
Section 38.1632 - Purchase of service credit for active duty with armed forces.
Section 38.1633 - Purchase of service credit for service in VISTA or Peace Corps.
Section 38.1634 - Leaving service or reducing hours of employment for purposes of maternity or paternity or child rearing; purchase of service credit.
Section 38.1635 - Partial purchase of service credit.
Section 38.1636 - Reinstatement of disability retirant.
Section 38.1637 - Supplement to retirement allowance under former MCL 28.107(5).
Section 38.1638 - Supplement to retirement allowance under former MCL 28.108c.
Section 38.1639 - Supplement to retirement allowance on or after October 1, 1986.
Section 38.1639a - Monthly retirement allowance of retirant or beneficiary of deceased retirant; increase in payments; requirements; basis for calculations of future adjustments.
Section 38.1640 - Total retirement allowance of retirant or beneficiary of deceased retirant; increase; basis for calculations of future adjustments.
Section 38.1640a - Retirement allowance of retirant or retirement allowance beneficiary; increase; amount; limitation.
Section 38.1640b - Recalculation of retirement allowance.
Section 38.1641 - Retirement allowance increases for command officers; effect on salary adjustments.
Section 38.1641a - Retirant participating and accruing leave time in bank time hours program established December 22, 1957 to July 13, 1963; supplement.
Section 38.1642 - Payment of hospitalization and medical, dental, and vision coverage insurance premiums; creation and function of health-dental-and vision benefits fund; health advance funding subacc
Section 38.1643 - Right of member, retirant, or beneficiary to retirement allowance or other benefit.
Section 38.1644 - Transfer of records, personnel, property, or funds to retirement system.
Section 38.1645 - General administration, management, and responsibility for operation of retirement system.
Section 38.1646 - Savings clause.
Section 38.1647 - Repeal of MCL 28.101 to 28.110.
Section 38.1648 - Effective date; exceptions.

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State Codes and Statutes

Statutes > Michigan > Chapter-38 > Act-182-of-1986

Section 38.1601 - Short title.
Section 38.1602 - Meanings of words and phrases.
Section 38.1603 - Definitions; B to L.
Section 38.1604 - Definitions; M to S.
Section 38.1605 - Michigan state police retirement system; creation.
Section 38.1606 - State police retirement board; creation; appointment, qualifications, and terms of members.
Section 38.1607 - State police retirement board; oath of member; conducting business at public meeting; notice; quorum; failure of member to attend 3 consecutive meetings; availability of writings to
Section 38.1608 - State police retirement board; per diem compensation; reimbursement of expenses; maximum number of meetings.
Section 38.1609 - State treasurer as treasurer of retirement system; investment authority; fiduciary responsibility; limitations on investment of funds; deposit of funds; disposition of income earned
Section 38.1610 - Warrants.
Section 38.1611 - Engagement of actuary; biennial valuation; risk assumptions.
Section 38.1612 - State police retirement board; chairperson; executive secretary.
Section 38.1613 - Summary of fiscal transactions.
Section 38.1613a - Correction of error; benefit payment adjustment.
Section 38.1614 - Funding objective of retirement system; annual level percentage of payroll contribution rate; submission of differences to legislature for appropriation; allocation and deposit of fu
Section 38.1614a - Intent; retirement system as qualified pension plan and trust as exempt organization; administration; employer-financed benefit limitation; use and investment of assets; return of p
Section 38.1615 - Reserve for employee contributions; subaccounts; transfer of accumulated member contributions.
Section 38.1616 - Reserve for employer contributions; transfer of accumulated employer contributions.
Section 38.1617 - Reserve for retired benefit payments; transfer between reserve for employer contributions and reserve for retired benefit payments.
Section 38.1618 - Reserve for casualty experience; initial casualty valuation as determining full funding reserve requirements; allocation from assets; retiree casualty payments; “casualty” defined.
Section 38.1619 - Reserve for undistributed investment income; amounts to be transferred; providing contingency reserves or meeting requirements of other reserve accounts; insufficient balance.
Section 38.1620 - Administrative expenses; appropriation.
Section 38.1621 - Allocation of undistributed investment income; charging amounts allocated; allocation rates.
Section 38.1622 - Payment date of retirement allowance; payment upon cessation of retirement allowance.
Section 38.1623 - Employees of department of state police as members of retirement system; resignation, death, transfer, or dismissal of member; lump sum.
Section 38.1624 - Eligibility for retirement; application for retirement; mandatory retirement; amount of retirement allowance; death of retirant; appeal to retirement board.
Section 38.1624a - Deferred retirement option plan.
Section 38.1625 - Payment of retirement allowance to surviving spouse, children, mother, father, sisters, or brothers; payment to deceased member's estate; applicability of supplements to retireme
Section 38.1626 - Retirement due to duty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate; maximum retirement allow
Section 38.1627 - Nonduty related death prior to effective date of retirement; payment to surviving spouse or children; payment to deceased member's estate; prohibited payment; commencement of ret
Section 38.1628 - Retirement due to nonduty incurred disability; amount of retirement allowance; payment to surviving spouse or children; payment to deceased member's estate.
Section 38.1629 - Retirement allowance on grounds of disability; medical examination; certification of findings; failure to return to active duty; forfeiture of rights.
Section 38.1630 - Deferred retirement allowance in lieu of refund of contributions; amount; commencement and duration of payments; forfeiture; payment to surviving spouse or dependent children; effect
Section 38.1631 - Remarriage of surviving spouse.
Section 38.1632 - Purchase of service credit for active duty with armed forces.
Section 38.1633 - Purchase of service credit for service in VISTA or Peace Corps.
Section 38.1634 - Leaving service or reducing hours of employment for purposes of maternity or paternity or child rearing; purchase of service credit.
Section 38.1635 - Partial purchase of service credit.
Section 38.1636 - Reinstatement of disability retirant.
Section 38.1637 - Supplement to retirement allowance under former MCL 28.107(5).
Section 38.1638 - Supplement to retirement allowance under former MCL 28.108c.
Section 38.1639 - Supplement to retirement allowance on or after October 1, 1986.
Section 38.1639a - Monthly retirement allowance of retirant or beneficiary of deceased retirant; increase in payments; requirements; basis for calculations of future adjustments.
Section 38.1640 - Total retirement allowance of retirant or beneficiary of deceased retirant; increase; basis for calculations of future adjustments.
Section 38.1640a - Retirement allowance of retirant or retirement allowance beneficiary; increase; amount; limitation.
Section 38.1640b - Recalculation of retirement allowance.
Section 38.1641 - Retirement allowance increases for command officers; effect on salary adjustments.
Section 38.1641a - Retirant participating and accruing leave time in bank time hours program established December 22, 1957 to July 13, 1963; supplement.
Section 38.1642 - Payment of hospitalization and medical, dental, and vision coverage insurance premiums; creation and function of health-dental-and vision benefits fund; health advance funding subacc
Section 38.1643 - Right of member, retirant, or beneficiary to retirement allowance or other benefit.
Section 38.1644 - Transfer of records, personnel, property, or funds to retirement system.
Section 38.1645 - General administration, management, and responsibility for operation of retirement system.
Section 38.1646 - Savings clause.
Section 38.1647 - Repeal of MCL 28.101 to 28.110.
Section 38.1648 - Effective date; exceptions.