Calculating Member's Final Average Compensation; Effective Date of Section.

  1. Law
  2. Michigan Compiled Laws
  3. Civil Service and Retirement
  4. 300 of 1980 - The Public School Employees Retirement Act of 1979 (38.1301 - 38.1467)
  5. (38.1301...38.1309)
  6. Calculating Member's Final Average Compensation; Effective Date of Section.

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Sec. 9.

(1) The definition of final average compensation under section 4 as that section existed prior to Act No. 91 of the Public Acts of 1985 shall be used to calculate a member's final average compensation if it produces a higher result than the amount calculated pursuant to either section 4 or section 43c.

(2) This section shall take effect July 10, 1985.

History: Add. 1986, Act 123, Imd. Eff. June 2, 1986 ;-- Am. 1989, Act 194, Imd. Eff. Aug. 25, 1989
Popular Name: Act 300


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