Section 38.1381a – Retirement Allowance Computed According to MCL 38.1384(1); Reduction Inapplicable; Definitions.
38.1381a Retirement allowance computed according to MCL 38.1384(1); reduction inapplicable; definitions. Sec. 81a. (1) Notwithstanding section 81, a member may retire with a retirement allowance computed according to section 84(1) if all of the following apply: (a) The member files a written application with the retirement board within the early retirement effective period requesting a […]
Section 38.1381b – Retirement; Eligibility Requirements; Computation; Extension; “Incentivized Retirement Application Period” Defined; Amortization of Additional Costs.
38.1381b Retirement; eligibility requirements; computation; extension; “incentivized retirement application period” defined; amortization of additional costs. Sec. 81b. (1) Notwithstanding section 81, a member may retire with a retirement allowance computed according to this section if all of the following apply: (a) The member files a written application with the retirement board within the incentivized retirement […]