Prorating and allocating annual appropriations to retirement system.

Sec. 22b. Annual appropriations of the state made pursuant to this act shall be prorated and allocated to the retirement system not less than quarterly. Payment of the amount allocated for each quarter shall be made not later than the forty-fifth day following the beginning of the quarter. History: Add. 1987, Act 58, Imd. Eff. June 23, 1987