There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 38 - CIVIL SERVICE AND RETIREMENT
Act 276 of 1976 - MILITARY SERVICE CREDITS IN POLICE AND FIREMEN RETIREMENT SYSTEMS (38.581 - 38.582)
Section 38.582 - Military service credit; computation of payment to retirement system.
MILITARY SERVICE CREDITS IN POLICE AND FIREMEN RETIREMENT SYSTEMS (EXCERPT)Act 276 of 1976
38.582 Military service credit; computation of payment to retirement system.
Sec. 2.
A member who elects to claim the service credit provided for in section 1 shall pay to the retirement system an amount, together with interest, equal to the annual contribution rate in effect at the time of his election multiplied by the period of military service claimed.
History: 1976, Act 276, Imd. Eff. Oct. 14, 1976
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