Mich. Comp. Laws § 38.1066: “Qualified participant,”“refund beneficiary,” and “state treasurer” defined.
Where this section sits in the code
- MI Code
- Chapter 38
- Act Act-261-of-1957
Sec. 66.
"Qualified participant" means an individual who is a participant of Tier 2 and who meets 1 of the following requirements:
An individual who first becomes a legislator or lieutenant governor on or after March 31, 1997, and who before March 31, 1997 would have been eligible to be a member of Tier 1.
An individual who elects to terminate membership in Tier 1 and who elects to participate in Tier 2 in the manner prescribed in section 61.
"Refund beneficiary" means an individual nominated by a qualified participant or a former qualified participant under section 77 to receive a distribution of the participant's accumulated balance in the manner prescribed in section 78.
"State treasurer" means the treasurer of this state.
Collected 2026-09-14T18:32:31Z. Source file · JSON