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U.S. State Codes
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Michigan
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Chapter 38 - Civil Service ...
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Act 202 of 2017 Protecting Local Government Ret...
Act 202 of 2017 Protecting Local Government Retirement and Benefits Act (38.2801 - 38.2812)
Section 38.2801 Short Title.
Section 38.2802 Legislature Findings and Declarations.
Section 38.2803 Definitions.
Section 38.2804 Retirement Health Benefit Offered by Local Unit of Government; Requirements; "Summary Retiree Health Care Report" Defined.
Section 38.2805 State Treasurer; Establishment of Uniform Actuarial Assumptions of Retirement Systems; Evaluation System; Review and Oversight of Underfunded Local Unit of Government; Determination; Calculation of Funded Ratios by Local Governmental Unit; Report; Posting on Website.
Section 38.2806 Underfunded Status; Waiver; Duties of State Treasurer if Local Unit of Government Not Granted Waiver.
Section 38.2807 Municipal Stability Board; Creation; Powers, Duties, and Functions; Membership; Appointment by Governor; Qualifications; Terms; Vacancy; Chairperson; Quorum; Meetings; Bylaws; Contract for Professional Services; Travel and Expenses; Ethics Policy; Oath of Office; "Professional Services" Defined.
Section 38.2808 Development of Corrective Action Plan; List of Best Practices and Strategies.
Section 38.2809 Corrective Action Plan; Development and Submission for Approval.
Section 38.2810 Corrective Action Plan; Review and Approval by Board; Inclusion of Corrective Options and Additional Solutions; Disapproval; Notification and Report; Implementation of Plan; Monitor and Certification of Compliance; Contents of Plan.
Section 38.2812 Board as State Board; Members as State Officers; Presumption of Validity; Court Jurisdiction; Department of Treasury as Party.