Vesting—Dual Retirement Plan.
Ann Arbor City Code § 1:610
in effect1:610. - Vesting—Dual Retirement Plan.
(1) A Dual Retirement Plan Member shall be fully vested in the Dual Retirement Plan Member Mandatory Contribution Account regardless of the Member's years of Credited Service.
(2) The vested portion of a Dual Retirement Plan Member's City Contribution Account shall be determined in accordance with the following vesting schedule:
Vesting Schedule
Years of Credited Service | Vested Percentage
Less than 5 | 0%
5 or more | 100%
(3) Notwithstanding the forgoing, a Dual Retirement Plan Member's City Contribution Account shall be fully vested in the following circumstances:
(a) As of the date the Dual Retirement Plan Member (i) who is an Employee attains Normal Retirement Age or (ii) dies or is disabled (within the meaning of section 1:561) while an Employee or while performing qualified military service (as defined in Code Section 414(u)).
(b) In the event the Dual Retirement Plan is terminated or upon the complete discontinuance of contributions to the Dual Plan, provided that the forfeitable percentage of the unpaid balance of the City Contribution Account of a Dual Plan Member whose employment has terminated prior to the date of such Dual Retirement Plan termination or discontinuance shall be forfeited on the effective date of such termination or discontinuance and shall not be vested.
(4) Except as provided above, a Dual Retirement Plan Member who separates from service prior to obtaining full vesting shall forfeit that percentage of his or her Dual Retirement Plan City Contribution Account balance which has not been vested as of the date of such separation. Such forfeitures shall be used in the manner described in section 1:605.
(Ord. No. 16-28, § 1, 1-3-17)
Source: City of Ann Arbor, Michigan, Code (Municode Library, library.municode.com)URL: https://library.municode.com/mi/ann_arbor/codes/code_of_ordinances?nodeId=TITIAD_CH18EMRESY_1_610VEUAREPLFetched: 11/8/2026