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Section 38.1023e Supplemental Payments for Retirants or Retirement Allowance Beneficiaries With Retirement Allowance Effective Date Before January 1, 1979; Future Adjustments.

MI Comp L § 38.1023e (2019) (N/A)
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Sec. 23e.

(1) Effective January 1, 1988, but before any of the increases provided by section 23c on or before January 1, 1988 are included, the monthly retirement allowance payable to a retirant or retirement allowance beneficiary and determined upon the date of retirement of the retirant whose retirement allowance effective date was before January 1, 1979 is supplemented as follows:

(2) The recalculated retirement allowance as supplemented by this section shall be the basis on which future adjustments to the allowance are calculated.

History: Add. 1987, Act 58, Imd. Eff. June 23, 1987

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Section 38.1024 Survivor's Retirement Allowance; Eligibility; Duration, Commencement, and Rate; Status of Adopted Child; Payments to Eligible Child; Effect of Marriage or Attainment of Ineligible Age; Payment of Survivor's Retirement Allowance as Provided in Written Designation; Division of Survivor's Retirement Allowance Among Eligible Survivors; Receipt of Entire Survivor's Retirement Allowance by Surviving Spouse When Eligible Children Become Ineligible.