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Michigan Administrative Code (Last Updated: November 16, 2016) |
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Department LR. Licensing and Regulatory Affairs |
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Public Service Commission |
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Chapter Preservation of Records of Electric, Gas, And Water Utilities |
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Part 2. SCHEDULE OF RECORDS AND PERIODS OF RETENTION |
Section 460.2560. Welfare and pension records; retention periods.
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Rule 60. The following employee welfare and pension records shall be retained for the periods listed:
(a) ) Records pertaining to employee recreational, educational, and hospital benefits, accident prevention, and similar activities.
Destroy at option.
(b) Detailed records that show computations of accruals for pension liabilities.
25 years.
History: 1979 AC; 1980 AACS.