Individuals & Families
Small Businesses
Nonprofits
Employers
Employee Benefits Brokers
PEOs
Credit Unions
Membership Groups
Legal Information
Sign In
/
U.S. State Codes
/
Michigan
/
Chapter 38 - Civil Service ...
/
Act 77 of 2010 Public Employee Retirement Healt...
Act 77 of 2010 Public Employee Retirement Health Care Funding Act (38.2731 - 38.2747)
Section 38.2731 Short Title; Meanings of Words and Phrases.
Section 38.2732 Definitions; D to H.
Section 38.2732a Definitions; M to P.
Section 38.2732b Definitions; R to V.
Section 38.2733 Irrevocable Trust; Authorization; Creation; Establishment; Governing Board of Each Retirement System as Grantor; Members of Retirement System Board as Trustees; Deposits; Distributions; Funding Account; Preparation of Annual Financial Statements; Establishment and Maintenance of Health Reimbursement Accounts; Separate Prefunding Account.
Section 38.2734 Assets as Irrevocable.
Section 38.2735 Assets; Use; Limitation.
Section 38.2736 Assets Not Subject to Certain Processes of Law.
Section 38.2737 Assets; Diversion for Other Purposes Prohibited.
Section 38.2738 Remaining Trust Assets; Dissolution; Distribution; Remaining Health Reimbursement Account Assets.
Section 38.2739 Written Trust Agreement; Contents.
Section 38.2740 Retirement Health Care Benefits; Prefunding; Credit to Funding Account; Contribution or Credit to Health Reimbursement Account.
Section 38.2740a Health Reimbursement Account; Vesting; Rights.
Section 38.2741 Written Plan Document; Terms and Conditions of Payments of Retirement Health Care Benefits and Reimbursements of Medical Expenses.
Section 38.2742 Severability.
Section 38.2743 Trusts; Validity.
Section 38.2744 Taxation of Assets and Income; Exemption.
Section 38.2745 Trustee; Exception From Certain Responsibilities; Indemnification.
Section 38.2747 Correction of Error by Trustees.