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← Michigan Pensions & Retirement Savings Exemptions

Exemption: Legislators

Citation: Stat. - Mich. Comp. Laws § 38.1057

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Mich. Comp. Laws § 38.1057 :
Michigan Legislative Retirement System Act (Refs & Annos)

38.1057. Allowances and benefits; exemption from taxation; applicability of public employee retirement benefit protection act

Sec. 57. (1) Except as otherwise provided in this section, all retirement allowances and other benefits payable under this act and all accumulated credits of members, deferred vested members, and retirants in this retirement system are not subject to taxation by this state or any political subdivisions of this state.

(2) Beginning January 1, 2012, all retirement allowances and other benefits payable under this act and all accumulated credits of members, deferred vested members, and retirants in this retirement system are subject to taxation by this state upon distribution to a member, deferred vested member, or retirant.

(3) All retirement allowances and other benefits payable under this act and all accumulated contributions of members, deferred vested members, and retirants in this retirement system are subject to the public employee retirement benefit protection act, 2002 PA 100, MCL 38.1681 to 38.1689.

Last Amended: 2002
2011

Amended by P.A.1981, No. 123, � 1, Imd. Eff. July 23, 1981; P.A.1985, No. 39, � 1, Imd. Eff. June 13, 1985; P.A.1995, No. 258, � 1, Imd. Eff. Jan. 5, 1996; P.A.2002, No. 97, Imd. Eff. March 27, 2002.; Am. 2011, Act 43, Imd. Eff. May 25, 2011
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