reglab/housing_qa huggingface dataset:
MI Comp L § 38.1023c (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 38.1023c - Increase of Retirement Allowance.

38.1023c Increase of retirement allowance. Sec. 23c.  (1) After December 31, 1986, on January 1 of each year a retirement allowance attributable to a member who first becomes a member on or before January 1, 1995, shall be increased 4% compounded annually.  (2) Beginning January 1, 1995, each retirement allowance attributable to a member who first becomes a member after January 1, 1995, shall be increased each January 1. The amount of the annual increase shall be equal to 4% of the retirement allowance payable as of the retirement allowance effective date.  (3) A retirement allowance that begins after January 1 of the immediately preceding calendar year shall be increased under this section on a pro rata basis by the applicable percentage amount from the time the retirement allowance begins to the date of the increase. History: Add. 1974, Act 215, Eff. Dec. 31, 1974 ;-- Am. 1978, Act 560, Eff. Jan. 1, 1979 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981 ;-- Am. 1987, Act 58, Imd. Eff. June 23, 1987 ;-- Am. 1994, Act 359, Eff. Dec. 31, 1994 ;-- Am. 1998, Act 501, Imd. Eff. Jan. 5, 1999
MI Comp L § 38.1023d (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 38.1023d - Disabled Member; Retirement Allowance; Annual Examination.

38.1023d Disabled member; retirement allowance; annual examination. Sec. 23d.  (1) A member who meets the service requirements of section 23(1)(a) but not the age requirements of section 23(1)(b), a member who does not meet the requirements of section 23(10)(b), or a deferred vested member may receive a retirement allowance if the board has received a certification by not less than 2 licensed physicians appointed by the board stating that the member or deferred vested member is disabled from engaging in any substantial gainful activity by reason of a medically determinable physical or mental impairment that can be expected to result in death, or can be expected to last for a continuous period of 12 months or more.  (2) A member or deferred vested member who is determined eligible to receive a retirement allowance under subsection (1) shall receive the retirement allowance applicable to that member or deferred vested member provided for in section 23(4), (5), or (6).  (3) A member who is currently receiving compensation as a legislator or lieutenant governor shall not receive a retirement allowance under this section.  (4) The board may provide for the examination by 1 or more licensed physicians designated by the board at least once a year of a person who is receiving a retirement allowance under this section during the continuance of the disability. The board shall not provide for an examination after the member attains 55 years of age. History: Add. 1981, Act 123, Imd. Eff. July 23, 1981 ;-- Am. 1994, Act 359, Eff. Dec. 31, 1994 ;-- Am. 1998, Act 501, Imd. Eff. Jan. 5, 1999 ;-- Am. 2002, Act 97, Imd. Eff. Mar. 27, 2002
MI Comp L § 38.1023e (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 38.1023e - Supplemental Payments for Retirants or Retirement Allowance Beneficiaries With Retirement Allowance Effective Date Before January 1, 1979; Future Adjustments.

38.1023e Supplemental payments for retirants or retirement allowance beneficiaries with retirement allowance effective date before January 1, 1979; future adjustments.Sec. 23e.  (1) Effective January 1, 1988, but before any of the increases provided by section 23c on or before January 1, 1988 are included, the monthly retirement allowance payable to a retirant or retirement allowance beneficiary and determined upon the date of retirement of the retirant whose retirement allowance effective date was before January 1, 1979 is supplemented as follows:   Effective Date of Retirement Percent of Increase   October 1, 1977 to December 31, 1978 10   October 1, 1976 to September 30, 1977 11   October 1, 1975 to September 30, 1976 12   October 1, 1974 to September 30, 1975 13   October 1, 1973 to September 30, 1974 14   October 1, 1972 to September 30, 1973 15   October 1, 1971 to September 30, 1972 16   October 1, 1970 to September 30, 1971 17   October 1, 1969 to September 30, 1970 18   October 1, 1968 to September 30, 1969 19   October 1, 1967 to September 30, 1968 20   October 1, 1966 to September 30, 1967 21   October 1, 1965 to September 30, 1966 22   October 1, 1964 to September 30, 1965 23   October 1, 1963 to September 30, 1964 24   October 1, 1962 to September 30, 1963 25   October 1, 1961 to September 30, 1962 26   October 1, 1960 to September 30, 1961 27   October 1, 1959 to September 30, 1960 28   October 1, 1958 to September 30, 1959 29   October 1, 1957 to September 30, 1958 30  (2) The recalculated retirement allowance as supplemented by this section shall be the basis on which future adjustments to the allowance are calculated. History: Add. 1987, Act 58, Imd. Eff. June 23, 1987
MI Comp L § 38.1024a (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 38.1024a - Remarriage of Surviving Spouse.

38.1024a Remarriage of surviving spouse.  Sec. 24a.  The remarriage of a surviving spouse shall not render the surviving spouse ineligible to receive a survivor's retirement allowance described in section 24. A surviving spouse whose survivor's retirement allowance described in section 24 was terminated due to the surviving spouse's remarriage shall be eligible to receive that retirement allowance beginning on the first day of the month following the month in which written application for reinstatement is filed with the board, but shall not be eligible to receive the survivor's retirement allowance attributable to any month beginning before the month of reinstatement under this section. History: Add. 1986, Act 29, Imd. Eff. Mar. 10, 1986
MI Comp L § 38.1025 (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 38.1025 - Retirement System as Trust; Board as Fiduciary; Nonapplicability to Tier 2 Retirement Plan.

38.1025 Retirement system as trust; board as fiduciary; nonapplicability to Tier 2 retirement plan. Sec. 25.  (1) The retirement system shall be construed to be a trust, separate from all other entities, maintained for the purpose of securing payment of benefits to the members, deferred vested members, retirants, and their survivors and beneficiaries as provided in this act.  (2) The board is the fiduciary of the retirement system with the authority to control and manage the operation and administration of the retirement system in the manner provided by this act.  (3) This section does not apply to the Tier 2 retirement plan. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981 ;-- Am. 1994, Act 359, Eff. Dec. 31, 1994 ;-- Am. 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 § 38.1027 (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 38.1027 - First Board of Trustees; Organizational Meeting, Election of Officers.

38.1027 First board of trustees; organizational meeting, election of officers. Sec. 27.  The first board shall meet as soon as practicable after the enactment of this act, at Lansing, Michigan, for the purpose of organizing this system and shall, at that meeting, elect a chairman and a vice-chairman. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1028 (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 38.1028 - Vacancy in Trusteeship.

38.1028 Vacancy in trusteeship. Sec. 28.  Beginning January 1, 2012, a vacancy in a trusteeship shall be filled as provided in the bylaws. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981 ;-- Am. 2006, Act 614, Imd. Eff. Jan. 3, 2007
MI Comp L § 38.1029 (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 38.1029 - Trustees; Compensation and Expenses.

38.1029 Trustees; compensation and expenses.  Sec. 29.  Trustees shall serve without compensation but shall be reimbursed for any reasonable traveling expenses incurred in attending meetings of the board. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1030 (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 38.1030 - Board of Trustees; Quorum, Proxy.

38.1030 Board of trustees; quorum, proxy. Sec. 30.  Each trustee is entitled to 1 vote on any action of the board and at least 6 concurring votes are necessary for any action by the board at a meeting. A decision or action shall not become effective, unless presented and so approved by the action of the board. A trustee shall not vote by proxy, but shall be present at the meeting in order to have his or her vote recorded. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1994, Act 359, Eff. Dec. 31, 1994 ;-- Am. 2002, Act 97, Imd. Eff. Mar. 27, 2002
MI Comp L § 38.1031 (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 38.1031 - Board of Trustees; Powers and Duties.

38.1031 Board of trustees; powers and duties.  Sec. 31.  The board shall, in addition to all other powers and duties arising out of this act and not otherwise specifically reserved or delegated to others, have the powers and duties designated in sections 32 to 44, inclusive, of this act. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1032 (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 38.1032 - Board of Trustees; Regular and Special Meetings; Conducting Business at Public Meeting; Notice of Meeting.

38.1032 Board of trustees; regular and special meetings; conducting business at public meeting; notice of meeting.  Sec. 32.  The board shall hold regular meetings at least quarterly each year and special meetings when considered necessary by the chairperson of the board. Meetings of the board shall be held in the office of the board. The business which the board may perform shall be conducted at a public meeting of the board held in compliance with Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place of the meeting shall be given in the manner required by Act No. 267 of the Public Acts of 1976.  History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1977, Act 179, Imd. Eff. Nov. 17, 1977
MI Comp L § 38.1033 (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 38.1033 - Board of Trustees; Authority as to Retirement Allowances, Suspensions and Refunds.

38.1033 Board of trustees; authority as to retirement allowances, suspensions and refunds. Sec. 33.  The board shall consider and pass on all applications for retirement allowances and refunds, authorize the granting of all retirement allowances and refunds and suspend any payment or payments, all in accordance with the provisions of this act. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1034 (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 38.1034 - Board of Trustees; Certification of Prescribed Interest Rate; Adoption of Actuarial Tables.

38.1034 Board of trustees; certification of prescribed interest rate; adoption of actuarial tables. Sec. 34.  The board shall certify in the records of the board the prescribed interest rate, and adopt all necessary actuarial tables in accordance with certifications of the actuary. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1035 (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 38.1035 - Board of Trustees; Estimate of Appropriation.

38.1035 Board of trustees; estimate of appropriation. Sec. 35.  The board shall submit to the governor on or before November first of each year an estimate of the amount of appropriation required for the purpose of the system for the next fiscal year. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1036 (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 38.1036 - Repealed. 1987, Act 58, Imd. Eff. June 23, 1987.

38.1036 Repealed. 1987, Act 58, Imd. Eff. June 23, 1987. Compiler's Notes: The repealed section pertained to investments by board of trustees.
MI Comp L § 38.1036a (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 38.1036a - Reinstatement of Suspended Contributions.

38.1036a Reinstatement of suspended contributions. Sec. 36a.  If the actuary determines in his or her annual valuation of the system that the system is less than 100% funded, the retirement board may reinstate the member contributions that were suspended in sections 21, 22, and 50a and reduce the member contributions that were increased in section 22c. History: Add. 1998, Act 501, Imd. Eff. Jan. 5, 1999
MI Comp L § 38.1037 (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 38.1037 - Repealed. 1981, Act 123, Imd. Eff. July 23, 1981.

38.1037 Repealed. 1981, Act 123, Imd. Eff. July 23, 1981. Compiler's Notes: The repealed section pertained to annual medical examination of disability retirants.
MI Comp L § 38.1038 (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 38.1038 - Board of Trustees; Offices; Books and Records; Availability of Certain Writings to Public.

38.1038 Board of trustees; offices; books and records; availability of certain writings to public. Sec. 38.  The board shall establish an office or offices which provide suitable space for the meetings of the board and for the necessary administrative personnel. All books and records shall be kept in those offices. A writing prepared, owned, used, in the possession of, or retained by the board, in the performance of an official function shall be made available to the public in compliance with Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1977, Act 179, Imd. Eff. Nov. 17, 1977
MI Comp L § 38.1039 (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 38.1039 - Board of Trustees; Appointment of Secretary and Administrative Personnel.

38.1039 Board of trustees; appointment of secretary and administrative personnel. Sec. 39.  The board shall appoint a secretary and employ such other actuarial, medical, clerical or other help as shall from time to time be required for the efficient administration of the system and determine and fix the rate of pay of such persons. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1040 (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 38.1040 - Board of Trustees; Record of Proceedings; Individual Accounts; Actuarial Data.

38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data. Sec. 40.  The board shall keep a permanent record of all proceedings of the board, a separate account for each individual member and such additional data as shall be specified by the actuary as being necessary for required calculations and valuations. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1041 (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 38.1041 - Board of Trustees; Audit of Accounts; Annual Statement.

38.1041 Board of trustees; audit of accounts; annual statement. Sec. 41.  The board shall have the accounts of the system audited at least biennially by the auditor general and submit an annual statement to the governor and legislature as soon as possible after the end of each fiscal year. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1960, Act 113, Eff. Aug. 17, 1960
MI Comp L § 38.1042 (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 38.1042 - Acceptance of Gift, Grant, or Bequest by Board.

38.1042 Acceptance of gift, grant, or bequest by board. Sec. 42.  The board may accept any gift, grant, or bequest of any money or securities for the purposes designated by the grantor. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981
MI Comp L § 38.1043 (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 38.1043 - Individual Statement.

38.1043 Individual statement. Sec. 43.  The board shall submit an individual statement to a member, deferred vested member, or retirant upon reasonable request. The statement shall indicate the amount of accumulations to the credit of the member, deferred vested member, or retirant as of the latest date practicable. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981
MI Comp L § 38.1044 (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 38.1044 - Rules and Bylaws.

38.1044 Rules and bylaws. Sec. 44.  The board shall adopt rules and bylaws necessary for the efficient administration of the system.  History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1974, Act 215, Eff. Dec. 31, 1974
MI Comp L § 38.1045 (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 38.1045 - Secretary of Board; Powers and Duties.

38.1045 Secretary of board; powers and duties. Sec. 45.  The secretary of the board shall be in charge of the administration of the detailed affairs of the retirement system and, in addition to the other powers and duties as are properly delegated by the board, shall:  (a) Collect and record the receipt of all payments to the retirement system, including member contributions, state contributions, interest and principal collections on investments as they become due and payable, and other funds accruing to the retirement system, and immediately deposit them with the state treasurer for the account of the retirement system.  (b) Sign vouchers requesting warrants upon the state treasurer pursuant to resolutions of the board, authorizing payment of benefits, refunds, and expenses out of funds belonging to the retirement system.  (c) Certify to the proper authority the names of the persons from whom deductions are to be made and the amounts or rates of the contributions to be deducted. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1970, Act 237, Eff. Jan. 1, 1971 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981
MI Comp L § 38.1046 (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 38.1046 - Actuary; Technical Advisor of Board, Powers and Duties.

38.1046 Actuary; technical advisor of board, powers and duties. Sec. 46.  The actuary shall be the technical advisor of the board and, in addition to supplying general information on technical matters, shall:  1. Make an investigation during the fourth year of operation of the system, and at least once every 5 years thereafter of the mortality, retirement, disability, separation, interest and salary rates and recommend, as a result of each such investigation, the tables to be adopted for all required actuarial calculations;  2. Make an annual valuation of the liabilities and reserves of the system, an annual determination of the amount of the required state contributions and certify the results thereof to the board. History: 1957, Act 261, Eff. Sept. 27, 1957
MI Comp L § 38.1047 (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 38.1047 - State Treasurer as Ex Officio Treasurer of Retirement System; Duties.

38.1047 State treasurer as ex officio treasurer of retirement system; duties. Sec. 47.  The state treasurer shall be ex officio the treasurer of the retirement system and shall:  (a) Act as official custodian of the cash and securities belonging to the retirement system and provide adequate safe deposit facilities for the preservation of the securities and hold the cash and securities subject to the order of the board.  (b) Receive from the secretary all items of cash belonging to the retirement system, as the items of cash are transmitted by the secretary of the retirement system, including member contributions, state contributions, interest and principal on investments, and other income accruing to the retirement system, and deposit all amounts in a special trust fund for the account of the retirement system, and notify the board of all the transactions semiannually.  (c) Furnish a corporate surety bond acceptable to the board of that amount as the board designates. The bond shall indemnify the board against any loss which may result from any action or failure to act on the part of the treasurer or any of his or her agents. All reasonable charges incidental to the procuring and giving of the bond shall be paid by the board.  (d) Invest and reinvest, in the manner permitted by the board, the cash assets of the system in excess of the amount required for current operations. History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1981, Act 123, Imd. Eff. July 23, 1981 ;-- Am. 1987, Act 58, Imd. Eff. June 23, 1987
MI Comp L § 38.1048 (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 38.1048 - Warrants.

38.1048 Warrants. Sec. 48.  The accounting division of the department of management and budget is authorized and directed to draw warrants upon the state treasurer payable from the funds of this system for purposes provided for in this act upon the presentation of vouchers approved by the secretary of the board in accordance with resolutions of the board.  History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1974, Act 215, Eff. Dec. 31, 1974