Mich. Comp. Laws § 38.1014

Current through Public Act 151 of the 2024 Legislative Session
Section 38.1014 - "Refund beneficiary" defined

"Refund beneficiary" means the 1 or more persons named by a member, deferred vested member, or retirant in writing and filed in the office of the retirement system to receive any refund of a member, deferred vested member, or retirant's contributions upon his or her death if a survivor's retirement allowance is not payable under this act. In the absence of a valid beneficiary designation, refund payment shall be made to the executor or personal representative of the deceased for the benefit of the estate.

MCL 38.1014

1957, Act 261, Eff. 9/27/1957 ;--Am. 1960, Act 113, Eff. 8/17/1960 ;--Am. 1970, Act 237, Eff. 1/1/1971 ;--Am. 1981, Act 123, Imd. Eff. 7/23/1981 ;--Am. 2002, Act 97, Imd. Eff. 3/27/2002.