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Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1404

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

Sec. 104. (1) The percentage increase to the monthly retirement allowance payable to a retirant or retirement allowance beneficiary under either section 27f of chapter I or section 25c of chapter II of former Act No. 136 of the Public Acts of 1945,  1 is continued as provided in this section.

(2) The monthly retirement allowance payable to a retirant or retirement allowance beneficiary after September 30, 1976, who was on the rolls for September 30, 1976, is supplemented as follows:

Supplement for

Effective Date of Retirement

October 1, 1976 and 1977

July 1, 1975, to June 30, 1976

1%

July 1, 1974, to June 30, 1975

2%

July 1, 1973, to June 30, 1974

3%

July 1, 1972, to June 30, 1973

4%

July 1, 1971, to June 30, 1972

5%

July 1, 1970, to June 30, 1971

6%

July 1, 1969, to June 30, 1970

7%

July 1, 1968, to June 30, 1969

8%

Before July 1, 1968

8%
1 M.C.L.A. § 38.227f or 38.325c.
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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 38. Civil Service and Retirement § 38.1404 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-38-civil-service-and-retirement/mi-comp-laws-38-1404/

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