Michigan § 38.7 - Retirement system; actuarial valuation of assets and liabilities; investigation of mortality, service, and compensation of members.
Full text of Michigan Michigan Compiled Laws § 38.7 — Retirement system; actuarial valuation of assets and liabilities; investigation of mortality, service, and compensation of members., with citation guidance and answers to common questions.
§ 38.7. Retirement system; actuarial valuation of assets and liabilities; investigation of mortality, service, and compensation of members.
The retirement board shall collect and keep in convenient form such data as shall be necessary for an actuarial valuation of the assets and liabilities of the retirement system; and for making an actuarial investigation into the mortality, service, compensation, and other experience of the members, retirants and beneficiaries of the retirement system. At least once in each 5 year period, the retirement board shall cause an actuarial investigation to be made into the mortality, service, compensation, and other experience of the members and beneficiaries of the retirement system. Upon the basis of such actuarial investigation the retirement board shall adopt such tables as are deemed necessary for the proper operation of the retirement system and for making effective the provisions of this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.7
What does Michigan Compiled Laws § 38.7 cover?
Section 38.7 ("Retirement system; actuarial valuation of assets and liabilities; investigation of mortality, service, and compensation of members.") 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 § 38.7?
A common citation format is "Michigan Compiled Laws § 38.7" (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 § 38.7 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.