Mich. Comp. Laws § 38.1014
“Refund beneficiary” defined.
Michigan · Michigan Compiled Laws — MICHIGAN LEGISLATIVE RETIREMENT SYSTEM ACT (Act 261 of 1957) · Status: effective
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- Citation
- Mich. Comp. Laws § 38.1014, “Refund beneficiary” defined, Michigan, version 1 as recorded 2026-08-18, yourstate.us, https://yourstate.us/provision/1338752
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Full text
"Refund beneficiary" means the 1 or more persons named by a member, deferred vested member, or retirant in writing and filed in the office of the retirement system to receive any refund of a member, deferred vested member, or retirant's contributions upon his or her death if a survivor's retirement allowance is not payable under this act. In the absence of a valid beneficiary designation, refund payment shall be made to the executor or personal representative of the deceased for the benefit of the estate.