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Terms Used In Michigan Laws 38.1681

  • Retirement benefit: means an annuity, a retirement allowance, an optional benefit, a postretirement benefit, a benefit received from a defined contribution plan, defined benefit plan, deferred compensation plan, disability plan, life insurance plan, all money, investments and income of the various funds created under a public employee retirement system, and any other right accruing to a member under a retirement system. See Michigan Laws 38.1682
     This act shall be known and may be cited as the “public employee retirement benefit protection act”.