Mich. Comp. Laws § 38.1432: Vesting.
Where this section sits in the code
- MI Code
- Chapter 38
- Act Act-300-of-1980
Sec. 132.
A qualified participant is immediately 100% vested in his or her contributions made to Tier 2. A qualified participant shall vest in the employer contributions made on his or her behalf to Tier 2 according to the following schedule:
(a) Upon completion of 2 years of service, 50%.
(b) Upon completion of 3 years of service, 75%.
(c) Upon completion of 4 years of service, 100%.
Collected 2026-09-14T18:32:31Z. Source file · JSON