Michigan § 38.1403 - Percentage increase to monthly retirement allowance payable under former provisions; continuation.
Full text of Michigan Michigan Compiled Laws § 38.1403 — Percentage increase to monthly retirement allowance payable under former provisions; continuation., with citation guidance and answers to common questions.
§ 38.1403. Percentage increase to monthly retirement allowance payable under former provisions; continuation.
(1) The percentage increase to the monthly retirement allowance payable to a retirant or retirement allowance beneficiary under section 27d of chapter I or section 25a of chapter II of former Act No. 136 of the Public Acts of 1945, is continued as provided in this section.
(2) After June 30, 1974, the monthly retirement allowance payable to a retirant or retirement allowance beneficiary who was on the rolls for June, 1973, is supplemented as follows:
|
Increase |
|
|
July 1, 1972, to June 30, 1973 |
1% |
|
July 1, 1971, to June 30, 1972 |
2% |
|
July 1, 1970, to June 30, 1971 |
3% |
|
July 1, 1969, to June 30, 1970 |
4% |
|
July 1, 1968, to June 30, 1969 |
5% |
|
July 1, 1967, to June 30, 1968 |
6% |
|
July 1, 1966, to June 30, 1967 |
7% |
|
July 1, 1965, to June 30, 1966 |
8% |
|
July 1, 1964, to June 30, 1965 |
9% |
|
July 1, 1963, to June 30, 1964 |
10% |
|
July 1, 1962, to June 30, 1963 |
11% |
|
July 1, 1961, to June 30, 1962 |
12% |
|
July 1, 1960, to June 30, 1961 |
13% |
|
July 1, 1959, to June 30, 1960 |
14% |
|
July 1, 1958, to June 30, 1959 |
15% |
|
July 1, 1957, to June 30, 1958 |
16% |
|
July 1, 1956, to June 30, 1957 |
17% |
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.1403
What does Michigan Compiled Laws § 38.1403 cover?
Section 38.1403 ("Percentage increase to monthly retirement allowance payable under former provisions; continuation.") 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 § 38.1403?
A common citation format is "Michigan Compiled Laws § 38.1403" (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 § 38.1403 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.