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Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1066

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 66. (1) “Qualified participant” means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:

(a) An individual who first becomes a legislator or lieutenant governor on or after March 31, 1997, and who before March 31, 1997 would have been eligible to be a member of Tier 1.

(b) An individual who elects to terminate membership in Tier 1 and who elects to participate in Tier 2 in the manner prescribed in section 61.  1

(2) “Refund beneficiary” means an individual nominated by a qualified participant or a former qualified participant under section 77  2 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 78.  3

(3) “State treasurer” means the treasurer of this state.

1 M.C.L.A. § 38.1061.
2 M.C.L.A. § 38.1077.
3 M.C.L.A. § 38.1078.
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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1066 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-38-civil-service-and-retirement/mi-comp-laws-38-1066/

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