Michigan Compiled Laws
Act 205 of 1951 - Social Security for Public Employees (38.851 - 38.871)
Section 38.864 - Contribution Fund; Administrative Account, Establishment, Deposits.

Sec. 14.
There shall be established within the contribution fund a separate account to be known as the administrative account. This account shall consist of, and there shall be deposited therein, all moneys received under sections 9 and 18. All moneys received in the administrative account shall be mingled and undivided.
History: 1951, Act 205, Imd. Eff. June 14, 1951

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 38 - Civil Service and Retirement

Act 205 of 1951 - Social Security for Public Employees (38.851 - 38.871)

Section 38.851 - Federal Social Security Old-Age and Survivors Insurance Coverage; Extension to Public Employees; Maintenance of Benefits.

Section 38.852 - Extension of Social Security to Public Employees; Definitions.

Section 38.853 - Agreement to Extend Benefits of Federal Old-Age and Survivors Insurance System; Contents; Approval; Separate Retirement Systems.

Section 38.854 - Extension of Social Security; Joint Action With Other States.

Section 38.855 - Employee Contributions Required.

Section 38.856 - Employee Contributions; Payroll Deduction.

Section 38.857 - Employee Contributions; Adjustments, Refunds.

Section 38.858 - Political Subdivision; Submission of Plan for Extension of Social Security Benefits; Requirements, Approval.

Section 38.859 - Political Subdivision; Plan to Provide for Appropriations to Contribution Fund.

Section 38.860 - Nonapproval of Plan; Notice, Hearing; Review by Supreme Court.

Section 38.861 - Political Subdivision; Payments Into Contribution Fund.

Section 38.862 - Delinquent Payments; Recovery With Interest From Political Subdivision.

Section 38.863 - Contribution Fund; Establishment; Deposits.

Section 38.864 - Contribution Fund; Administrative Account, Establishment, Deposits.

Section 38.865 - Contribution Fund; Segregation; Withdrawals.

Section 38.866 - Contribution Fund; Payments to Secretary of Treasury.

Section 38.867 - Contribution Fund; Administration.

Section 38.868 - Annual Appropriation to Contribution Fund for Payments to Secretary of Treasury.

Section 38.869 - Appropriation of All Contributions to Contribution Fund.

Section 38.870 - Rules and Regulations.

Section 38.871 - State Employees' Retirement System; Referendum on Coverage; Petition; Conduct; Notice; Supplemental Statement; Governor's Certificate.