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MICHIGAN STATUTES AND CODES
Act 156 of 1967 - OPTIONAL RETIREMENT ACT OF 1967 (38.381 - 38.388)
- Section 38.381 - Optional retirement act of 1967; short title.
- Section 38.382 - Definitions.
- Section 38.383 - Optional retirement program; establishment; participation of eligible employees, terms and conditions.
- Section 38.383a - Availability of program to state supported institution of higher education's employees.
- Section 38.384 - Board of control; purchase of contracts providing for optional program benefits for employees.
- Section 38.385 - Optional retirement program; election; time; reelection to retirement system.
- Section 38.386 - Optional retirement program; participant deemed limited member of retirement system; refund of contributions upon termination of service or death; computation of benefits; reelection
- Section 38.387 - Optional retirement program; amounts to be disbursed and credited to employee's benefit.
- Section 38.388 - Federal social security old-age, survivors' and disability insurance coverage.
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