38.1703 Right of alternate payee to share of benefit payable to participant; payment of benefit pursuant to EDRO.
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/mi/chapter-38/38-1703A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
38.1703 Right of alternate payee to share of benefit payable to participant; payment of benefit pursuant to EDRO.
Sec. 3.
Subject to the requirements of this act, an alternate payee is entitled to an actual interest in a share of a benefit that is or will become payable to a participant, if so provided in an EDRO filed with the retirement system. The retirement system shall administer the payment of a benefit pursuant to the EDRO and this section.
History: 1991, Act 46, Imd. Eff. June 27, 1991