Mich. Comp. Laws § 38.1343b

Current through Public Act 57 of the 2024 Legislative Session

Section 38.1343b - Eligibility requirements; exceptions

A member who contributes to the member investment plan shall have the eligibility requirements of section 81 except as follows:

(a) The age 55 requirement of section 81(1)(a) shall not apply.

(b) The 10 years of credited service requirement of section 81(1)(b) shall be 5 years if the member is working as a public school employee and the member received credited service in each of the 5 school fiscal years immediately preceding the retirement allowance effective date.

MCL 38.1343b

Add. 1985, Act 91, Imd. Eff. 7/10/1985 ;--Am. 1989, Act 194, Imd. Eff. 8/25/1989.