Mich. Comp. Laws § 38.2666

Current through Public Act 57 of the 2024 Legislative Session
Section 38.2666 - Participation in Tier 2; crediting years of service accrued under Tier 1

A qualified participant who was a member, deferred vested member, or former nonvested member of Tier 1 who makes an election to participate in Tier 2 pursuant to section 701 or 701a, shall be credited with the years of service accrued under Tier 1 on the effective date of participation in Tier 2 for the purpose of meeting the vesting requirements for benefits under section 715.

MCL 38.2666

Add. 1996, Act 523, Eff. 3/31/1997 ;--Am. 1998, Act 66, Imd. Eff. 4/30/1998 ;--Am. 1999, Act 215, Eff. 5/30/2000.