reglab/housing_qa huggingface dataset:
MI Comp L § 38.1066 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1066 - “Qualified Participant,”“refund Beneficiary,” and “State Treasurer” Defined.

38.1066 “Qualified participant,”“refund beneficiary,” and “state treasurer” defined. Sec. 66.  (1) "Qualified participant" means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:   (a) An individual who first becomes a legislator or lieutenant governor on or after March 31, 1997, and who before March 31, 1997 would have been eligible to be a member of Tier 1.  (b) An individual who elects to terminate membership in Tier 1 and who elects to participate in Tier 2 in the manner prescribed in section 61.  (2) "Refund beneficiary" means an individual nominated by a qualified participant or a former qualified participant under section 77 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 78.  (3) "State treasurer" means the treasurer of this state. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1067 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1067 - Administration and Investment of Tier 2 by State Treasurer; State Treasurer as Fiduciary and Trustee; Appointment of Advisory Board; Determination of Provisions and Procedures; Authority and Responsibility of State Treasurer to Employ or Contract With Employees or for Services.

38.1067 Administration and investment of Tier 2 by state treasurer; state treasurer as fiduciary and trustee; appointment of advisory board; determination of provisions and procedures; authority and responsibility of state treasurer to employ or contract with employees or for services. Sec. 67.  (1) The state treasurer shall administer Tier 2 and shall invest the assets of Tier 2. The state treasurer is the fiduciary and trustee of Tier 2. The state treasurer may appoint an advisory board to assist the state treasurer in carrying out his or her duties as fiduciary and trustee.   (2) The state treasurer shall determine the provisions and procedures of Tier 2 in conformity with this act and the internal revenue code.  (3) The state treasurer has the exclusive authority and responsibility to employ or contract with personnel and for services that the state treasurer determines necessary for the proper administration of and investment of assets of Tier 2, including but not limited to managerial, professional, legal, clerical, technical, and administrative personnel or services. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1068 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1068 - Hearing.

38.1068 Hearing. Sec. 68.  (1) A qualified participant, former qualified participant, health benefit dependent, or refund beneficiary may request a hearing on a claim involving his or her rights under Tier 2. Upon written request, the state treasurer shall provide for a hearing that shall be conducted pursuant to chapter 4 of the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.271 to 24.287 of the Michigan Compiled Laws. An individual may be represented by counsel or other duly authorized agent at a hearing conducted under this section.  (2) Chapters 2, 3, and 5 of Act No. 306 of the Public Acts of 1969, being sections 24.221 to 24.264 and 24.291 to 24.292 of the Michigan Compiled Laws, do not apply to the establishment, implementation, administration, operation, investment, or distribution of Tier 2. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1069 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1069 - Accumulated Employer and Employee Contributions and Earnings; Direction of Investment; Limitations Inapplicable to Tier 2.

38.1069 Accumulated employer and employee contributions and earnings; direction of investment; limitations inapplicable to Tier 2. Sec. 69.  Each qualified participant, former qualified participant, and refund beneficiary shall direct the investment of the individual's accumulated employer and employee contributions and earnings to 1 or more investment choices within available categories of investment provided by the state treasurer. The limitations on the percentage of total assets for investments provided in Act No. 314 of the Public Acts of 1965, being sections 38.1132 to 38.1140i of the Michigan Compiled Laws, do not apply to Tier 2. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1070 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1070 - Tier 2; Payment of Administrative Expenses.

38.1070 Tier 2; payment of administrative expenses. Sec. 70.  The administrative expenses of Tier 2 shall be paid by the qualified participants, former qualified participants, and refund beneficiaries who have not closed their accounts in a manner determined by the state treasurer. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1071 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1071 - Participation in Other Public Sector Retirement Benefits Plan.

38.1071 Participation in other public sector retirement benefits plan. Sec. 71.  A qualified participant shall not participate in any other public sector retirement benefits plan for simultaneous service rendered to the same public sector employer. Except as otherwise provided in this act or by the state treasurer, this section does not prohibit a qualified participant from participating in a retirement plan established by this state or other public sector employer under the internal revenue code. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1072 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1072 - Individual Becoming Legislator or Lieutenant Governor on or After March 31, 1997; Notice of Election.

38.1072 Individual becoming legislator or lieutenant governor on or after March 31, 1997; notice of election. Sec. 72.  An individual who first becomes a legislator or lieutenant governor on or after March 31, 1997 may irrevocably elect not to become a qualified participant of Tier 2 or may irrevocably elect to discontinue participation in Tier 2 by filing written notice of the election with the state treasurer. Upon receipt of the election, his or her employer shall not contribute any percentage of salary under section 74 for the individual who makes either election. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1073 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1073 - Election to Terminate Membership in Tier 1; Crediting Tier 2 Account; Charging Tier 2 Account for Excess Transfers.

38.1073 Election to terminate membership in Tier 1; crediting Tier 2 account; charging Tier 2 account for excess transfers. Sec. 73.  (1) The state treasurer shall promptly credit the Tier 2 account of a qualified participant who makes an election under section 61 to terminate membership in Tier 1 with any amount transferred from Tier 1 pursuant to section 62.  (2) Not later than 30 days after receipt of a recomputed amount under section 62(2) or (4), the state treasurer shall charge the qualified participant's Tier 2 account for any amount of excess transfers under section 62(1) or (3) and transfer that amount to the appropriate fund in Tier 1. The state treasurer may determine which investment choice or choices within a qualified participant's Tier 2 account will be used for this purpose. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1074 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1074 - Section Subject to Vesting Requirements; Tier 2 Contributions by Employer and Qualified Participant; Limitations.

38.1074 Section subject to vesting requirements; Tier 2 contributions by employer and qualified participant; limitations. Sec. 74.  (1) This section is subject to the vesting requirements of section 75.  (2) A qualified participant's employer shall contribute to the qualified participant's account in Tier 2 an amount equal to 4% of the qualified participant's salary.  (3) A qualified participant may periodically elect to contribute up to 3% of his or her salary to his or her Tier 2 account. The qualified participant's employer shall make an additional contribution to the qualified participant's Tier 2 account in an amount equal to the contribution made by the qualified participant under this subsection.  (4) A qualified participant may make contributions in addition to contributions made under subsection (3) to his or her Tier 2 account as permitted by the state treasurer and the internal revenue code. The qualified participant's employer shall not match contributions made by the qualified participant under this subsection.  History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1075 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1075 - Tier 2; Vesting Requirements and Schedule; Health Care Coverage; Vesting Requirements.

38.1075 Tier 2; vesting requirements and schedule; health care coverage; vesting requirements.Sec. 75.  (1) A qualified participant is immediately 100% vested in his or her contributions made to Tier 2. A qualified participant shall vest in the employer contributions made on his or her behalf to Tier 2 according to the following schedule:  (a) Upon completion of 2 years of service, 50%.  (b) Upon completion of 3 years of service, 75%.  (c) Upon completion of 4 years of service, 100%.  (2) A qualified participant is vested in the health insurance coverage provided in section 79 if the qualified participant meets 1 of the following requirements:  (a) The qualified participant has completed 6 years of service as a qualified participant before January 1, 2013 and was not a member, deferred vested member, or former nonvested member of Tier 1.  (b) The qualified participant was a member, deferred vested member, or former nonvested member of Tier 1 who made an election to participate in Tier 2 pursuant to section 61, and who has met the service requirements he or she would have been required to meet in order to vest in health benefits under section 50b.  (c) The qualified participant meets all of the following requirements:  (i) Was not a member, deferred vested member, or former nonvested member of Tier 1.  (ii) Was first elected to fill a vacancy in the house of representatives for a period less than the full term but more than 1/2 of the term of office.  (iii) Has completed 5 years of service as a qualified participant before January 1, 2013. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 ;-- Am. 1998, Act 501, Imd. Eff. Jan. 5, 1999 ;-- Am. 2011, Act 200, Imd. Eff. Oct. 18, 2011 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1076 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1076 - Crediting Years of Accrued Service.

38.1076 Crediting years of accrued service. Sec. 76.  A qualified participant who was a member, deferred vested member, or former nonvested member of Tier 1 who makes an election to participate in Tier 2 pursuant to section 61, shall be credited with the years of service accrued under Tier 1 on the effective date of participation in Tier 2 for the purpose of meeting the vesting requirements for benefits under section 75. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1077 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1077 - Refund Beneficiary; Nomination.

38.1077 Refund beneficiary; nomination. Sec. 77.  A qualified participant or former qualified participant may nominate 1 or more individuals as a refund beneficiary by filing written notice of nomination with the state treasurer. If the qualified participant or former qualified participant is married at the time of the nomination and the participant's spouse is not the refund beneficiary for 100% of the account, the nomination is not effective unless the nomination is signed by the participant's spouse. However, the state treasurer may waive this requirement if the spouse's signature cannot be obtained because of extenuating circumstances. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1078 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1078 - Distribution of Accumulated Balance.

38.1078 Distribution of accumulated balance. Sec. 78.  (1) A qualified participant is eligible to receive distribution of his or her accumulated balance in Tier 2 upon becoming a former qualified participant.  (2) Upon the death of a qualified participant or former qualified participant, the accumulated balance of that deceased participant is considered to belong to the refund beneficiary, if any, of that deceased participant. If a valid nomination of refund beneficiary is not on file with the state treasurer, the state treasurer, in a lump sum distribution, shall distribute the accumulated balance to the legal representative, if any, of the deceased participant or, if there is no legal representative, to the deceased participant's estate.  (3) A former qualified participant or refund beneficiary may elect 1 or a combination of several of the following methods of distribution of the accumulated balance:   (a) A lump sum distribution to the recipient.  (b) A lump sum direct rollover to another qualified plan, to the extent allowed by federal law.  (c) Periodic distributions, as authorized by the state treasurer.  (d) No current distribution, in which case the accumulated balance shall remain in Tier 2 until the former qualified participant or refund beneficiary elects a method or methods of distribution under subdivisions (a) to (c), to the extent allowed by federal law. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1080 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 261 of 1957 - Michigan Legislative Retirement System Act (38.1001 - 38.1080)|Section 38.1080 - Distributions; Exemption From Tax; Subject to Public Employee Retirement Benefit Protection Act; Right of Setoff to Recover Overpayment and Satisfy Claims; Correction of Errors in Records and Actions.

38.1080 Distributions; exemption from tax; subject to public employee retirement benefit protection act; right of setoff to recover overpayment and satisfy claims; correction of errors in records and actions. Sec. 80.  (1) Distributions from employer contributions made pursuant to section 74(2) and (3) and earnings on those employer contributions, and distributions from employee contributions made pursuant to section 74(3) and earnings on those employee contributions, are exempt from any state, county, municipal, or other local tax and are subject to the public employee retirement benefit protection act.  (2) The state treasurer has the right of setoff to recover overpayments made under this act and to satisfy any claims arising from embezzlement or fraud committed by a qualified participant, former qualified participant, refund beneficiary, or other person who has a claim to a distribution or any other benefit from Tier 2.  (3) The state treasurer shall correct errors in the records and actions in Tier 2 under this act, and shall seek to recover overpayments and shall make up underpayments. History: Add. 1996, Act 486, Eff. Mar. 31, 1997 ;-- Am. 2002, Act 97, Imd. Eff. Mar. 27, 2002 Compiler's Notes: Section 2 of Act 486 of 1996 provides:“Section 2. If any section or part of a section of this act is for any reason held to be invalid or unconstitutional, the holding does not affect the validity of the remaining sections of this act or the act in its entirety.”
MI Comp L § 38.1101 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 88 of 1961 - Reciprocal Retirement Act (38.1101 - 38.1106)|Section 38.1101 - Reciprocal Retirement Act; Short Title.

38.1101 Reciprocal retirement act; short title. Sec. 1.  This act shall be known and may be cited as the "reciprocal retirement act". History: 1961, Act 88, Eff. Sept. 8, 1961
MI Comp L § 38.1102a (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 88 of 1961 - Reciprocal Retirement Act (38.1101 - 38.1106)|Section 38.1102a - Compliance With Applicable Requirements of Protecting Local Government Retirement and Benefits Act.

38.1102a Compliance with applicable requirements of protecting local government retirement and benefits act.Sec. 2a.  A reciprocal unit and a reciprocal retirement system shall comply with any applicable requirements under the protecting local government retirement and benefits act. History: Add. 2017, Act 209, Imd. Eff. Dec. 20, 2017
MI Comp L § 38.1103 (2021)
2021 Michigan Compiled Laws|Chapter 38 - Civil Service and Retirement|Act 88 of 1961 - Reciprocal Retirement Act (38.1101 - 38.1106)|Section 38.1103 - Reciprocal Retirement Act; Adoption by Municipal or State Unit; Certification, Force and Effect.

38.1103 Reciprocal retirement act; adoption by municipal or state unit; certification, force and effect. Sec. 3.  (1) Any municipal unit, which covers its employees under a retirement system or systems, by a majority vote of its governing body may elect to adopt the provisions of this act for its employees covered under such retirement system or systems.  (2) Any state unit, by a majority vote of its governing body, may elect to have the provisions of this act made applicable to its members.  (3) The governing body of a municipal or state unit, within 10 days after it elects to come under the provisions of this act, shall file written certification of its action with the secretary of state. Upon the filing of the certification the municipal unit or state unit shall be a reciprocal unit. The secretary of state shall maintain a list of reciprocal units, which list shall be available to any municipal unit or state unit requesting a copy.  (4) The provisions of this act, when adopted by a municipal or state unit shall be effective for the unit in addition to the provisions of charter, ordinance, resolution or state law governing the retirement systems for the reciprocal unit, as the provisions of charter, ordinance, resolution or state act are in force and as amended. History: 1961, Act 88, Eff. Sept. 8, 1961 ;-- Am. 1965, Act 106, Imd. Eff. June 30, 1965