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Section 38.20f Supplement to Retirement Allowance Payable on or After September 30, 1976.

MI Comp L § 38.20f (2019) (N/A)
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Sec. 20f.

(1) The monthly retirement allowance payable to a retirant or beneficiary on or after September 30, 1976, who was on the rolls for April 1, 1978, is supplemented as follows:

(2) The supplement to the retirement allowance provided by this section shall be paid only during those fiscal years for which an appropriation is made which is sufficient to cover the additional payments likely to be made.

History: Add. 1978, Act 148, Imd. Eff. May 18, 1978

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Section 38.20e Supplemental Retirement Allowance; Amount; Payment.
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Section 38.20g Determining Rate of Investment Return on Retirement System Assets and Present Value of Retirement Allowances; Calculation and Reduction of Distribution Income; Crediting Distribution Units to Retirant or Retirement Allowance Beneficiary; Calculation and Payment of Distribution Amount; Effect of Death; Increase in Retirement Allowance; Computation of Cumulative Increase Amount; Supplemental Payment.