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Section 38.1321 - Public School Employees' Retirement System; Creation. - Sec. 21. A Michigan public school employees' retirement system is...
Section 38.1322 - Public School Employees' Retirement Board; Creation; Appointment, Qualifications, and Terms of Members; Vacancy. - Sec. 22. (1) The Michigan public school employees' retirement board...
Section 38.1323 - Retirement Board; Oath; Conducting Business at Public Meeting; Notice of Meeting; Quorum; Failure to Attend Scheduled Meetings; Availability of Writings to Public. - Sec. 23. (1) A member of the retirement board, upon...
Section 38.1324 - Retirement Board; Compensation and Expenses. - Sec. 24. The per diem compensation of the retirement board...
Section 38.1325 - Retirement Board; Rights, Authority, and Discretion; Rules; Limitation; Study Period; Information to Be Provided to Certain Universities. - Sec. 25. (1) The board shall have only the rights,...
Section 38.1326 - State Treasurer as Treasurer of Retirement System; Investment Authority; Fiduciary Responsibility; Disposition of Funds. - Sec. 26. (1) This section does not apply to Tier...
Section 38.1327 - Warrants. - Sec. 27. The retirement system shall draw its warrants upon...
Section 38.1328 - Summary of Fiscal Transactions; Contents; Description of Retirement Benefits; Information to Be Posted on Internet Website and Sent via Electronic Mail; Database. - Sec. 28. (1) By April 15 of each year, the...
Section 38.1329 - Reserve for Employee Contributions; Individual Subaccounts; Refund, Payment, or Transfer of Accumulated Contributions. - Sec. 29. The reserve for employee contributions is the account...
Section 38.1330 - Reserve for Employer Contributions. - Sec. 30. The reserve for employer contributions is the account...
Section 38.1331 - Reserve for Administrative Expenses. - Sec. 31. The reserve for administrative expenses is the account...
Section 38.1332 - General Fund. - Sec. 32. The retirement board may establish a general fund....
Section 38.1333 - Reserve for Member Investment Plan; Remittance of Member Contributions; Individual Subaccounts; Refund, Payment, or Transfer of Accumulated Contributions. - Sec. 33. The reserve for member investment plan is the...
Section 38.1334 - Reserve for Health Benefits; Payments; Health Advance; Funding Subaccount; Transfer to Reserve for Employer Contributions; Conditions. - Sec. 34. (1) The reserve for health benefits is the...
Section 38.1335 - Reserve for Retired Benefit Payments. - Sec. 35. The reserve for retired benefit payments is the...
Section 38.1336 - Reserve for Undistributed Investment Income; Pension Stabilization Subaccount. - Sec. 36. (1) Except as otherwise provided in this section,...