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Form a Business

Eligibility requirements; exceptions.

MCL 38.1343b
in effect
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38.1343b. Eligibility requirements; exceptions. Sec. 43b. A member who contributes to the member investment plan shall have the eligibility requirements of section 81 except as follows: (a) The age 55 requirement of section 81(1)(a) shall not apply. (b) The 10 years of credited service requirement of section 81(1)(b) shall be 5 years if the member is working as a public school employee and the member received credited service in each of the 5 school fiscal years immediately preceding the retirement allowance effective date. Add. 1985, Act 91, Imd. Eff. July 10, 1985; Am. 1989, Act 194, Imd. Eff. Aug. 25, 1989 [PopularName] Act 300
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-38-1343bFetched: 10/20/2026

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