Michigan Compiled Laws
Act 345 of 1937 - Fire Fighters and Police Officers Retirement Act (38.551 - 38.562)
Section 38.552 - Retirement Board; Powers and Duties.

Sec. 2.
The retirement board created under this act shall perform the following:
(1) Make rules and regulations necessary to the proper conduct of the business of the retirement system.
(2) Retain legal, medical, actuarial, clerical, or other services as may be necessary for the conduct of the affairs of the retirement system and make compensations for the services retained.
(3) Cause amounts as established by law to be deducted from the salaries of active members of the retirement system and be paid into the treasury of the retirement system.
(4) Certify to the governing body of the city, village, or municipality the amount to be contributed by the city, village, or municipality as provided in this act.
(5) Cause the examination of each disability pensioner or beneficiary less than 55 years of age to be made at least once a year for the first 5 years following the pensioner's retirement, and at least once each 3 years after the 5 year period, until the pensioner has reached 55 years of age.
(6) Keep records of its meetings and proceedings. The board shall hold meetings at least once each month. The business which the retirement 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. 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.
(7) The board shall annually elect a president and secretary from among its members.
(8) Disburse the pensions and other benefits payable under this act.
(9) A member of the board shall not receive additional compensation for services as a board member.
History: 1937, Act 345, Eff. Oct. 29, 1937 ;-- Am. 1945, Act 256, Eff. Sept. 6, 1945 ;-- Am. 1947, Act 229, Imd. Eff. June 17, 1947 ;-- CL 1948, 38.552 ;-- Am. 1951, Act 16, Imd. Eff. Mar. 30, 1951 ;-- Am. 1977, Act 209, Imd. Eff. Nov. 17, 1977 Constitutionality: The authority delegated to the retirement board by MCL 38.552 of the Michigan Compiled Laws does not constitutionally abrogate the taxation, budgeting, and legislative responsibilities of the township. Retirement Bd v Shelby Twp, 438 Mich 247; 475 NW2d 249 (1991).Popular Name: Act 345

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 38 - Civil Service and Retirement

Act 345 of 1937 - Fire Fighters and Police Officers Retirement Act (38.551 - 38.562)

Section 38.551 - Fire and Police Department Pension and Retirement System; Retirement Board, Members, Election, Appointment, Terms.

Section 38.551a - Short Title.

Section 38.552 - Retirement Board; Powers and Duties.

Section 38.552a - Compliance With Requirements Under Protecting Local Government Retirement and Benefits Act.

Section 38.553 - Retirement System Funds; Treasurer as Custodian; Bond; Disbursement of Funds; Execution of Voucher or Warrant; Authorization.

Section 38.554 - Credit for Prior Service.

Section 38.555 - Retirement Board; Quasi-Judicial Body; Review of Actions by Writ of Certiorari.

Section 38.556 - Age and Service Retirement Benefits.

Section 38.556a - Municipality Having Population of 80,000 or More; Applicability of MCL 38.556(1)(h) to Certain Members.

Section 38.556b - Remarriage of Surviving Spouse; Applicability of Subsection (1) to Municipality.

Section 38.556c - Service Credit for Employment in Transitional Public Employment Program; Payment of Contributions and Regular Interest; Payroll Deduction; Amount in Reserve; Payment of Contributions by Current Employer; Accident, Disability, or Oth...

Section 38.556d - Postretirement Adjustments Increasing Retirement Benefits.

Section 38.556e - Mandatory Subjects of Bargaining.

Section 38.557 - “An Act of Duty,”“municipality” and “Transitional Public Employment Program” Defined.

Section 38.558 - Refunds of Salary Contributions.

Section 38.559 - Contributions of Member; Rate; Deduction From Salary; Appropriations to Maintain Actuarially Determined Reserves; Payment of Deductions and Appropriations Into Retirement System; Prorating Pensions and Other Benefits; Expenses; Pensi...

Section 38.560 - Investments; Transfer and Disposition of Certain Assets.

Section 38.561 - Referendum; Township or Charter Township.

Section 38.561a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

Section 38.562 - Membership of Retirement System.