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Michigan Compiled Laws Complete Through PA 19 of 2024
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Act 339 of 1927
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CITY LIBRARY EMPLOYEES' RETIREMENT SYSTEM

Act 339 of 1927

AN ACT to authorize the establishment of a system of retiring allowances for employes of public libraries now existing or which may hereafter be established in incorporated cities of 250,000 population or more.


History: 1927, Act 339, Imd. Eff. June 1, 1927




The People of the State of Michigan enact:

DocumentTypeDescription
Section 38.701SectionCity library employees' retirement system; establishment.
Section 38.702SectionLibrary board; submission of retirement plan to local legislative body; retirement plan subject to protecting local government retirement and benefits act.
Section 38.703SectionApproval of plan by legislative body; commencement.
Section 38.704SectionAnnual assessment for retirement allowance.
Section 38.705SectionReserve fund and annuities; tax exemption; subject to taxation beginning January 1, 2012.
Section 38.706SectionMunicipal employees' retirement system; coverage of employees of public libraries.
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