2006 Michigan Compiled Laws - Act 339 of 1927


CITY LIBRARY EMPLOYEES' RETIREMENT SYSTEM

Act 339 of 1927

AN ACT to authorize the establishment of a system of retiring allowances for employes of public libraries now existing or which may hereafter be established in incorporated cities of 250,000 population or more.


History: 1927, Act 339, Imd. Eff. June 1, 1927




The People of the State of Michigan enact:

DocumentDescription
Section 38.701City library employees' retirement system; establishment.
Section 38.702Library board; submission of retirement plan to local legislative body.
Section 38.703Approval of plan by legislative body; commencement.
Section 38.704Annual assessment for retirement allowance.
Section 38.705Reserve fund and annuities; tax exemption.
Section 38.706Municipal employees' retirement system; coverage of employees of public libraries.

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