182 of 1986 - State Police Retirement Act of 1986 (38.1601 - 38.1674)

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  3. Civil Service and Retirement
  4. 182 of 1986 - State Police Retirement Act of 1986 (38.1601 - 38.1674)

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Section
38.1601

Short Title.

Section
38.1602

Meanings of Words and Phrases.

Section
38.1603

Definitions; B to L.

Section
38.1604

Definitions; M to S.

Section
38.1605

Michigan State Police Retirement System; Creation.

Section
38.1606

State Police Retirement Board; Creation; Appointment, Qualifications, and Terms of Members.

Section
38.1607

State Police Retirement Board; Oath of Member; Conducting Business at Public Meeting; Notice; Quorum; Failure of Member to Attend 3 Consecutive Meetings; Availability of Writings to Public; Rules.

Section
38.1608

State Police Retirement Board; per Diem Compensation; Reimbursement of Expenses; Maximum Number of Meetings.

Section
38.1609

State Treasurer as Treasurer of Retirement System; Investment Authority; Fiduciary Responsibility; Limitations on Investment of Funds; Deposit of Funds; Disposition of Income Earned by Reserves.

Section
38.1610

Warrants.

Section
38.1611

Engagement of Actuary; Annual Valuation; Experience Investigation and Risk Assumptions; Report.

Section
38.1612

State Police Retirement Board; Chairperson; Executive Secretary.

Section
38.1613

Summary of Fiscal Transactions.

Section
38.1613a

Correction of Error; Benefit Payment Adjustment.

Section
38.1614

Funding Objective of Retirement System; Annual Level Percentage of Payroll Contribution Rate; Submission of Differences to Legislature for Appropriation; Allocation and Deposit of Funds; Pension and Retiree Health Care Payroll Growth Assumption Rate; Normal Cost Contribution Rate.

Section
38.1614a

Intent; Retirement System as Qualified Pension Plan and Trust as Exempt Organization; Administration; Employer-Financed Benefit Limitation; Use and Investment of Assets; Return of Post-Tax Member Contributions; Beginning Date of Distributions; Termination of Retirement System; Election to Rollover to Retirement Plan; Qualified Military Service.

Section
38.1615

Reserve for Employee Contributions; Subaccounts; Transfer of Accumulated Member Contributions.

Section
38.1615a

Mandatory Contributions Into the Reserve for Employee Contributions.

Section
38.1616

Reserve for Employer Contributions; Transfer of Accumulated Employer Contributions.

Section
38.1617

Reserve for Retired Benefit Payments; Transfer Between Reserve for Employer Contributions and Reserve for Retired Benefit Payments.

Section
38.1618

Reserve for Casualty Experience; Initial Casualty Valuation as Determining Full Funding Reserve Requirements; Allocation From Assets; Retiree Casualty Payments; “Casualty” Defined.

Section
38.1619

Reserve for Undistributed Investment Income; Amounts to Be Transferred; Providing Contingency Reserves or Meeting Requirements of Other Reserve Accounts; Insufficient Balance.

Section
38.1620

Administrative Expenses; Appropriation.

Section
38.1621

Allocation of Undistributed Investment Income; Charging Amounts Allocated; Allocation Rates.

Section
38.1622

Payment Date of Retirement Allowance; Payment Upon Cessation of Retirement Allowance.

Section
38.1623

Employees of Department of State Police as Members of Retirement System; Tier 1 or Tier 2 Plan; Resignation, Death, Transfer, or Dismissal of Member; Lump Sum; Transfer of Unclaimed Contributions.

Section
38.1624

Eligibility for Retirement; Application for Retirement; Mandatory Retirement; Amount of Retirement Allowance; Death of Retirant; Appeal to Retirement Board; Retirement Allowance Payment Options; Retirement Allowance Beneficiary; Exception; Written Request.

Section
38.1624a

Deferred Retirement Option Plan.

Section
38.1624b

Members on or After June 10, 2012; Minimum Eligibility for Retirement; Application for Retirement; Amount of Retirement Allowance.

Section
38.1625

Payment of Retirement Allowance to Surviving Spouse, Children, Mother, Father, Sisters, or Brothers; Payment to Deceased Member's Estate; Applicability of Supplements to Retirement Allowances and Minimum Annual Retirement Allowance Provisions; Maximum Retirement Allowance; Eligibility for Health Insurance Coverage.

Section
38.1626

Retirement Due to Duty Incurred Disability; Amount of Retirement Allowance; Payment to Surviving Spouse or Children; Payment to Deceased Member's Estate; Maximum Retirement Allowance; Eligibility for Health Insurance Coverage.

Section
38.1627

Nonduty Related Death Prior to Effective Date of Retirement; Payment to Surviving Spouse or Children; Payment to Deceased Member's Estate; Prohibited Payment; Commencement of Retirement Allowance; Eligibility for Health Insurance Coverage.

Section
38.1628

Retirement Due to Nonduty Incurred Disability; Amount of Retirement Allowance; Payment to Surviving Spouse or Children; Payment to Deceased Member's Estate; Eligibility for Health Insurance Coverage.

Section
38.1629

Retirement Allowance on Grounds of Disability; Medical Examination; Certification of Findings; Failure to Return to Active Duty; Forfeiture of Rights.

Section
38.1630

Deferred Retirement Allowance in Lieu of Refund of Contributions; Amount; Commencement and Duration of Payments; Forfeiture; Payment to Surviving Spouse or Dependent Children; Effect of Reemployment; Combining Prior and Subsequent Service; Recomputation of Retirement Allowance; Service Credit for Member Not Meeting Vision Screening Standards.

Section
38.1631

Remarriage of Surviving Spouse.

Section
38.1632

Purchase of Service Credit for Active Duty With Armed Forces.

Section
38.1633

Purchase of Service Credit for Service in Vista or Peace Corps; Eligibility Exception.

Section
38.1634

Leaving Service or Reducing Hours of Employment for Purposes of Maternity or Paternity or Child Rearing; Purchase of Service Credit; Eligibility Exception.

Section
38.1635

Partial Purchase of Service Credit.

Section
38.1636

Reinstatement of Disability Retirant.

Section
38.1637

Supplement to Retirement Allowance Under Former MCL 28.107(5).

Section
38.1638

Supplement to Retirement Allowance Under Former MCL 28.108c.

Section
38.1639

Supplement to Retirement Allowance on or After October 1, 1986.

Section
38.1639a

Monthly Retirement Allowance of Retirant or Beneficiary of Deceased Retirant; Increase in Payments; Requirements; Basis for Calculations of Future Adjustments.

Section
38.1640

Total Retirement Allowance of Retirant or Beneficiary of Deceased Retirant; Increase; Basis for Calculations of Future Adjustments.

Section
38.1640a

Retirement Allowance of Retirant or Retirement Allowance Beneficiary; Increase; Amount; Limitation.

Section
38.1640b

Recalculation of Retirement Allowance.

Section
38.1640c

Supplemental Benefit; Conditions.

Section
38.1641

Retirement Allowance Increases for Command Officers; Effect on Salary Adjustments.

Section
38.1641a

Retirant Participating and Accruing Leave Time in Bank Time Hours Program Established December 22, 1957 to July 13, 1963; Supplement.

Section
38.1642

Payment of Hospitalization and Medical, Dental, and Vision Coverage Insurance Premiums; Creation and Function of Health-Dental-and Vision Benefits Fund; Health Advance Funding Subaccount; Transfer of Funds; Application of Section to Certain Members.

Section
38.1642a

Elimination of Health Insurance Coverage Premium for Certain Members; Contributions Into Tier 2 Account; Credit to Health Reimbursement Account.

Section
38.1642b

Qualified Participant; Tier 1 and Tier 2 Vesting Schedule.

Section
38.1643

Right of Member, Retirant, or Beneficiary to Retirement Allowance or Other Benefit.

Section
38.1644

Transfer of Records, Personnel, Property, or Funds to Retirement System.

Section
38.1645

General Administration, Management, and Responsibility for Operation of Retirement System.

Section
38.1646

Savings Clause.

Section
38.1647

Repeal of MCL 28.101 to 28.110.

Section
38.1648

Effective Date; Exceptions.

Section
38.1660

Implementation of Tier 2 Plan.

Section
38.1661

Meanings of Words and Phrases.

Section
38.1662

Definitions; a to C.

Section
38.1663

Definitions; E to F.

Section
38.1664

Definitions; P to R.

Section
38.1665

Administration of Tier 2 Plan; Department as Fiduciary and Trustee; Plan Document; Employ or Contract Personnel.

Section
38.1666

Claim of Rights Under Tier 2; Hearing; Application of Administrative Procedures Act to Tier 2.

Section
38.1667

Investment Options Under Tier 2 Plan; Limitations Do Not Apply.

Section
38.1668

Payment of Administrative Expenses of Tier 2 Plan.

Section
38.1669

Participation in Other Public Sector Retirement Benefits Plan Prohibited; Exception.

Section
38.1670

Tier 2 Vesting and Contribution Requirements.

Section
38.1672

Nomination of Refund Beneficiary; Requirements.

Section
38.1673

Distribution of Accumulated Balance in Tier 2; Death of Participant; Optional Methods of Distribution.

Section
38.1674

Right of Setoff; Overpayments; Embezzlement or Fraud; Correction of Errors.