Sec. 27a. (1) Beginning with retirement allowance payments due on or after June 1, 2004, retirement allowances granted under section 27 that began before the effective date of the amendatory act that added this section shall be adjusted as provided in this section. (2) Except as otherwise provided in this section, a retirement allowance shall not be less than $6,000.00 per year. (3) A portion of a retirement allowance payable to a surviving child or parent shall not be less than that portion of a retirement allowance that the child or parent was entitled to receive under section 27 before the effective date of the amendatory act that added this section.
Mich. Comp. Laws § 38.27a
Retirement allowances granted under MCL 38.27; adjustment
Add. 2004, Act 109, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.