Mich. Comp. Laws § 38.2666: Participation in Tier 2; crediting years of service accrued under Tier 1.
Where this section sits in the code
- MI Code
- Chapter 38
- Act Act-234-of-1992
Sec. 716.
A qualified participant who was a member, deferred vested member, or former nonvested member of Tier 1 who makes an election to participate in Tier 2 pursuant to section 701 or 701a, shall be credited with the years of service accrued under Tier 1 on the effective date of participation in Tier 2 for the purpose of meeting the vesting requirements for benefits under section 715.
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