{"data":{"id":"us-mi/mich.-comp.-laws-38.1642b","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 38.1642b","heading":"Qualified participant; Tier 1 and Tier 2 vesting schedule.","body":"Sec. 42b.\n\n(1) A qualified participant is immediately 100% vested in his or her contributions made to Tier 2.\n\n(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:\n\n(a) On completion of 2 years of service, 50%.\n\n(b) On completion of 3 years of service, 75%.\n\n(c) On completion of 4 years of service, 100%.","path":["MI Code","Chapter 38","Act Act-182-of-1986"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-38-1642b","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"85ee743136e8e27046b89db91c42e7bb9cf94673b1f3624b43f99c1a6151ab57","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-38.1642a","next":"us-mi/mich.-comp.-laws-38.1643"},"notice":"GroundRules: Original legal text. Not legal advice."}