Three Funds and Collections for Funds | MidpageThree Funds and Collections for Funds
9-1-1010Assets to be credited to employee annuity savings fund and employer annuity accumulation fund9-1-1020Employee annuity savings fund; deductions from compensation of members of System; employer to pay required member contributions on earnings after July 1, 1982; tax treatment; funding; retirement treatment9-1-1030Deductions must be made although compensation is reduced below legal minimum; consent to deductions9-1-1040Repealed by 2000 Act No. 387, Part II, Section 67R, eff January 1, 20019-1-1050Employer annuity accumulation fund; contributions paid by employers9-1-1060Normal contribution rate9-1-1070Accrued liability contribution rate9-1-1080Minimum contributions to employer annuity accumulation fund9-1-1085Employer and employee contribution rates9-1-1090Discontinuance of accrued liability contribution9-1-1100Employer annuities and benefits to be paid from employer annuity accumulation fund9-1-1110Obligations of employer annuity accumulation fund9-1-1120Transfer between funds on return of retired employee to active service9-1-1130Earnings to be credited to employer annuity accumulation fund9-1-1135Interest on member accounts9-1-1140Establishing service credits by making payments into system; career highest fiscal year salary; credits during absences; employer payments; rules and regulations; credits for unused sick leave9-1-1150Repealed by 2000 Act No. 387, Part II, Section 67R, eff January 1, 20019-1-1160Collection of members' contributions; failure to make payroll reports and remittances; employer to pay required member contributions on earnings after July 1, 1982; tax treatment; funding; retirement treatment9-1-1170Collection of employers' contributions9-1-1175Employer contributions9-1-1180Deductions and employer contributions for teachers and employees of technical training schools9-1-1190Board may change accounting methods and procedures of system9-1-1200Repealed by 2005 Act No. 153, Pt II, Section 5.C, eff July 1, 20069-1-1210Employer contributions shall reflect cost of Preretirement Death Benefit Program9-1-1220Repealed by 2005 Act No. 153, Pt II, Section 5.C, eff July 1, 2006