State Of Michigan Section 218 Agreement

[6] As a general rule, contractual coverage, also known as “voluntary coverage”, covers police and fire stations in two ways: 1) as part of an absolute coverage group; or (2) as part of a pension group. [7] Another name for a public pension scheme, the FICA Replacement Plan, refers to a pension, retirement pension or similar fund or scheme set up by a state or political subdivision for the purpose of granting retirement benefits to workers. . . .

Posted on: October 9, 2021, by : greyson