Michigan § 38.20b - Increase in monthly retirement allowance; payment.
Full text of Michigan Michigan Compiled Laws § 38.20b — Increase in monthly retirement allowance; payment., with citation guidance and answers to common questions.
§ 38.20b. Increase in monthly retirement allowance; payment.
(1) On July 1, 1972, the monthly retirement allowance payable to a retirant or beneficiary who is on the rolls for June, 1971, is increased as follows:
|
Effective Date of Retirement |
Percent of Increase |
|
August 1, 1970 to July 1, 1971 |
1 |
|
August 1, 1969 to July 1, 1970 |
2 |
|
August 1, 1968 to July 1, 1969 |
3 |
|
August 1, 1967 to July 1, 1968 |
4 |
|
August 1, 1966 to July 1, 1967 |
5 |
|
August 1, 1965 to July 1, 1966 |
6 |
|
August 1, 1964 to July 1, 1965 |
7 |
|
August 1, 1963 to July 1, 1964 |
8 |
|
August 1, 1962 to July 1, 1963 |
9 |
|
August 1, 1961 to July 1, 1962 |
10 |
|
August 1, 1960 to July 1, 1961 |
11 |
|
August 1, 1959 to July 1, 1960 |
12 |
|
August 1, 1958 to July 1, 1959 |
13 |
|
August 1, 1957 to July 1, 1958 |
14 |
|
July 1, 1956 to July 1, 1957 |
15 |
|
Any time before July 1, 1956 |
25 |
(2) The increases in retirement allowances authorized by this section shall be paid only from the excess of assets in the pension reserve fund which the legislature has been informed is sufficient to cover the increased costs involved without requiring any appropriation of state funds.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.20b
What does Michigan Compiled Laws § 38.20b cover?
Section 38.20b ("Increase in monthly retirement allowance; payment.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 38.20b?
A common citation format is "Michigan Compiled Laws § 38.20b" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 38.20b apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.