Mich. Comp. Laws § 38.1036a
Current through Public Act 151 of the 2024 Legislative Session
If the actuary determines in his or her annual valuation of the system that the system is less than 100% funded, the retirement board may reinstate the member contributions that were suspended in sections 21, 22, and 50a and reduce the member contributions that were increased in section 22c.
MCL 38.1036a