Sec. 16. (1) The reserve for employer contributions is the account to which contributions by the state shall be credited. (2) Accumulated employer contributions shall be transferred from the reserve for employer contributions to the reserve for retired benefit payments upon the retirement or death of a member or deferred member.
Mich. Comp. Laws § 38.1616
Reserve for employer contributions; transfer of accumulated employer contributions
1986, Act 182, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.