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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 38.1642b: Qualified participant; Tier 1 and Tier 2 vesting schedule.

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Where this section sits in the code
  1. MI Code
  2. Chapter 38
  3. Act Act-182-of-1986

Sec. 42b.

(1) A qualified participant is immediately 100% vested in his or her contributions made to Tier 2.

(2) A qualified participant who is a member of Tier 1 vests in the employer contributions made on his or her behalf to Tier 2 according to the following schedule:

(a) On completion of 2 years of service, 50%.

(b) On completion of 3 years of service, 75%.

(c) On completion of 4 years of service, 100%.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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