Michigan Compiled Laws
Act 300 of 1980 - The Public School Employees Retirement Act of 1979 (38.1301 - 38.1467)
Article 1 - (38.1301...38.1309)

Section 38.1301 - Short Title. - Sec. 1. This act shall be known and may be...

Section 38.1302 - Meanings of Words and Phrases. - Sec. 2. For the purposes of this act, the words...

Section 38.1303 - Definitions; A. - Sec. 3. (1) "Accumulated contributions" means 1 or more of...

Section 38.1303a - “Compensation” Explained. - Sec. 3a. (1) Except as otherwise provided in this act,...

Section 38.1304 - Definitions; C to M. - Sec. 4. (1) "Compound interest" means interest compounded annually on...

Section 38.1305 - Definitions; M, N. - Sec. 5. (1) "Member" means a public school employee, except...

Section 38.1306 - Definitions; O, P. - Sec. 6. (1) "Original member" means a member employed in...

Section 38.1307 - Definitions; R. - Sec. 7. (1) "Refund beneficiary" means 1 or more persons...

Section 38.1308 - Definitions; S, T. - Sec. 8. (1) "Service" means personal service performed as a...

Section 38.1309 - Calculating Member's Final Average Compensation; Effective Date of Section. - Sec. 9. (1) The definition of final average compensation under...