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Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1023e

Current as of February 09, 2022 | Updated by FindLaw Staff

Sec. 23e. (1) Effective January 1, 1988, but before any of the increases provided by section 23c  1 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:

Effective Date of Retirement

Percent of Increase

October 1, 1977 to December 31, 1978

10

October 1, 1976 to September 30, 1977

11

October 1, 1975 to September 30, 1976

12

October 1, 1974 to September 30, 1975

13

October 1, 1973 to September 30, 1974

14

October 1, 1972 to September 30, 1973

15

October 1, 1971 to September 30, 1972

16

October 1, 1970 to September 30, 1971

17

October 1, 1969 to September 30, 1970

18

October 1, 1968 to September 30, 1969

19

October 1, 1967 to September 30, 1968

20

October 1, 1966 to September 30, 1967

21

October 1, 1965 to September 30, 1966

22

October 1, 1964 to September 30, 1965

23

October 1, 1963 to September 30, 1964

24

October 1, 1962 to September 30, 1963

25

October 1, 1961 to September 30, 1962

26

October 1, 1960 to September 30, 1961

27

October 1, 1959 to September 30, 1960

28

October 1, 1958 to September 30, 1959

29

October 1, 1957 to September 30, 1958

30

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

1 M.C.L.A. § 38.1023c.
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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1023e - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-38-civil-service-and-retirement/mi-comp-laws-38-1023e/

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