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Section 38.2402 – Retirement Board; Determining Service Credits; Forfeiture; Reinstatement; Service Credit for Limited Period or Specific Assignment.

38.2402 Retirement board; determining service credits; forfeiture; reinstatement; service credit for limited period or specific assignment. Sec. 402. (1) The retirement board shall credit each member with the number of years and months of service for which the member performed service as a judge or state official. The retirement board shall credit service for the […]

Section 38.2403 – Election to Purchase Other Public Service Credit; Request; Documentation; Payment of Actuarial Cost; Basis for Calculating Service Credit.

38.2403 Election to purchase other public service credit; request; documentation; payment of actuarial cost; basis for calculating service credit. Sec. 403. (1) A member who has 4 or more years of membership service may elect to purchase service credit for other public service by filing a request with the retirement system. The member shall provide […]

Section 38.2405 – Accumulated Contributions; Payment to Person Ceasing to Be Member; Payment to Refund Beneficiary Before Retirement Allowance Is Payable; Payment to Refund Beneficiary if Retirant and Option a Beneficiary, Option B Beneficiary, or Spouse Dies; Nomination of Refund Beneficiary.

38.2405 Accumulated contributions; payment to person ceasing to be member; payment to refund beneficiary before retirement allowance is payable; payment to refund beneficiary if retirant and option A beneficiary, option B beneficiary, or spouse dies; nomination of refund beneficiary. Sec. 405. (1) Except as otherwise provided in this act, if a person ceases to be […]

Section 38.2406 – Retirant Authorized by Supreme Court to Perform Judicial Duties for Limited Period or Specific Assignment; Retirant Elected or Appointed by Governor as Judge or State Official.

38.2406 Retirant authorized by supreme court to perform judicial duties for limited period or specific assignment; retirant elected or appointed by governor as judge or state official. Sec. 406. (1) If a retirant is authorized by the supreme court to perform judicial duties for a limited period or a specific assignment pursuant to section 23 […]