Michigan Compiled Laws Act 28 Of 1966 Firemen And Policemen Pensions (38.571 - 38.572)

AN ACT to authorize the board of trustees of police and firemen retirement systems, municipal employees retirement systems, or county retirement systems to increase benefits.

History: 1966, Act 28, Imd. Eff. May 3, 1966 ;-- Am. 1968, Act 201, Imd. Eff. June 24, 1968 ;-- Am. 2002, Act 602, Imd. Eff. Dec. 20, 2002

Section 38.571 Reserve Fund; Use Of Interest For Medical, Hospital, Or Nursing Care For System Member.
The board of trustees with the approval of the governing body of the county, city, village, or township of any police and firemen retirement...
Section 38.572 Computation Of Liability For Regular Interest; Inclusions; Exclusions.
The amount of interest used according to the provisions of this act shall be included as interest and other earnings on the money of...

Last modified: October 10, 2016