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Code · Michigan · Chapter 38 — Civil Service and Retirement

38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data.

60 words·~1 min read·/mi/chapter-38/38-1040

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38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data.
Sec. 40.
The board shall keep a permanent record of all proceedings of the board, a separate account for each individual member and such additional data as shall be specified by the actuary as being necessary for required calculations and valuations.
History: 1957, Act 261, Eff. Sept. 27, 1957
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