Section 38.1384 – Retirement Allowance; Benefits; Applicability of Reduction; Recalculation of Retirement Allowance; Adjusted Retirement Allowance; Election to Return Retirement Allowance Payments.
38.1384 Retirement allowance; benefits; applicability of reduction; recalculation of retirement allowance; adjusted retirement allowance; election to return retirement allowance payments. Sec. 84. (1) Subject to section 84b and except as provided in subsection (2), upon the member’s retirement from service as provided in section 81, a member shall receive a retirement allowance that equals the […]
Section 38.1384b – Retirement Allowance for Member Making Alternative Election Under Section 59(2)(a) or (B); Calculation; Items of Credited Service Under Section 59(1); Accumulation of Years of Service Credit for Purpose of Vesting; Calculation of Retirement Allowance Under Section 59(1) but Not Making Attainment Date Designation; “Attainment Date” Defined.
38.1384b Retirement allowance for member making alternative election under section 59(2)(a) or (b); calculation; items of credited service under section 59(1); accumulation of years of service credit for purpose of vesting; calculation of retirement allowance under section 59(1) but not making attainment date designation; “attainment date” defined. Sec. 84b. (1) Beginning February 1, 2013, the […]
Section 38.1385 – Payment Options; Election; Change of Option or Beneficiary; Payment to Beneficiary; Reversion of Benefit to Straight Retirement Allowance; Term of Payment; Beneficiary Predeceasing Retirant Who Returns to Service; Effect of Election of Retirant’s Divorce From Spouse Designated as Beneficiary; Payment of Difference Between Accumulated Contributions and Aggregate Amount of Retirement Allowance Payments; Change of Beneficiary; Optional Form of Benefit Payment; Limitation; Termination.
38.1385 Payment options; election; change of option or beneficiary; payment to beneficiary; reversion of benefit to straight retirement allowance; term of payment; beneficiary predeceasing retirant who returns to service; effect of election of retirant’s divorce from spouse designated as beneficiary; payment of difference between accumulated contributions and aggregate amount of retirement allowance payments; change of […]
Section 38.1386 – Disability Allowance; Requirements; Extension of Application Time Limit; Computation; Effective Date.
38.1386 Disability allowance; requirements; extension of application time limit; computation; effective date. Sec. 86. (1) A member whom the retirement board finds to have become totally and permanently disabled for purposes of employment by his or her reporting unit by reason of personal injury or mental or physical illness before termination of reporting unit service […]
Section 38.1387 – Duty Disability Retirement Allowance; Requirements; Computation; Effective Date; Service Credit; Adjustment.
38.1387 Duty disability retirement allowance; requirements; computation; effective date; service credit; adjustment. Sec. 87. (1) A member whom the retirement board finds to have become totally and permanently disabled from any gainful employment by reason of personal injury or mental or physical illness while serving as an employee of that reporting unit shall receive a […]
Section 38.1388 – Duty or Nonduty Disability Retirant; Medical Examination; Affidavit; Deception; Discontinuance or Revocation of Nonduty Disability Retirement Allowance; Return to Membership; Restoration of Credited Service; Restoration of Duty Disability Retirant to Active Service; Cessation of Allowance or Rights to Allowance; Lump Sum Payment; Payment on Retirant’s Sixtieth Birthday; Reduction of Retirement Allowance; Computation of Allowable Earnings; Applicability of Subsection (4).
38.1388 Duty or nonduty disability retirant; medical examination; affidavit; deception; discontinuance or revocation of nonduty disability retirement allowance; return to membership; restoration of credited service; restoration of duty disability retirant to active service; cessation of allowance or rights to allowance; lump sum payment; payment on retirant’s sixtieth birthday; reduction of retirement allowance; computation of allowable […]
Section 38.1389 – Surviving Spouse; Computation, Payment, and Termination of Retirement Allowance; Remarriage of Surviving Spouse; Allowance for Surviving Child Less Than 18; Election of Retirement Allowance Beneficiary; Grounds for Voiding Election; Death of Member; Presumption of Dependency; Termination of Allowance; Payment to Refund Beneficiary; Member Contributing to Member Investment Plan.
38.1389 Surviving spouse; computation, payment, and termination of retirement allowance; remarriage of surviving spouse; allowance for surviving child less than 18; election of retirement allowance beneficiary; grounds for voiding election; death of member; presumption of dependency; termination of allowance; payment to refund beneficiary; member contributing to member investment plan. Sec. 89. (1) If a member […]
Section 38.1390 – Surviving Spouse of Deceased Member Receiving Worker’s Disability Compensation; Computation, Payment, and Termination Retirement Allowance; Remarriage of Surviving Spouse; Allowance for Surviving Children Less Than 18; Computation, Payment, and Termination of Allowance for Surviving Child Less Than 18 or for Surviving Dependent Parent; Computation and Effective Date of Retirement Allowance Beneficiary’s Duty Death Retirement Allowance; Use of Average Annual Compensation; Election to Accept Refund; Payment to Legal Representative of Deceased Member’s or Retirant’s Estate.
38.1390 Surviving spouse of deceased member receiving worker’s disability compensation; computation, payment, and termination retirement allowance; remarriage of surviving spouse; allowance for surviving children less than 18; computation, payment, and termination of allowance for surviving child less than 18 or for surviving dependent parent; computation and effective date of retirement allowance beneficiary’s duty death retirement […]
Section 38.1391 – Hospital, Medical-Surgical, and Sick Care Retirant Benefits; Dental and Vision Retirant Benefits; Retirement System Premium; Maximum Contribution Rate; Health Benefits Coverage for Dependent of Retirant; Coordination of Benefits; Definitions.
38.1391 Hospital, medical-surgical, and sick care retirant benefits; dental and vision retirant benefits; retirement system premium; maximum contribution rate; health benefits coverage for dependent of retirant; coordination of benefits; definitions. Sec. 91. (1) Except as otherwise provided in this section, the retirement system shall pay the entire monthly premium or membership or subscription fee for […]
Section 38.1381 – Retirement Allowance Under MCL 38.1384; Application; Eligibility Requirements.
38.1381 Retirement allowance under MCL 38.1384; application; eligibility requirements. Sec. 81. (1) Except as provided in section 81c, a member who no longer is working as a public school employee or in any other capacity for which service credit performed in this state is allowed under this act, upon the member’s written application to the […]