GroundRules
Mich. Const. art. IX, § 24: Public pension plans and retirement systems, obligation.
Where this section sits in the code
- Michigan Constitution
- Article IX
Sec. 24.
The accrued financial benefits of each pension plan and retirement system of the state and its political subdivisions shall be a contractual obligation thereof which shall not be diminished or impaired thereby.
Financial benefits arising on account of service rendered in each fiscal year shall be funded during that year and such funding shall not be used for financing unfunded accrued liabilities.
Collected 2026-09-14T18:32:31Z. Source file · JSON
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