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§ 38-1036a — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 38 - Civil Service and Retirementact 240 of 1943 - State Employees' Retirement Act (38.1 - 38.69)/
  5. Statute Act 261 of 1957/
  6. § 38-1036a
Michigan Legal Code

§ 38-1036a

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38.1036a Reinstatement of suspended contributions. Sec. 36a. If the actuary determines in his or her annual valuation of the system that the system is less than 100% funded, the retirement board may reinstate the member contributions that were suspended in sections 21, 22, and 50a and reduce the member contributions that were increased in section 22c. History: Add. 1998, Act 501, Imd. Eff. Jan. 5, 1999