MI HB5549

Amends the Michigan Legislative Retirement System Act to require members and qualified participants potentially eligible for health insurance benefits to contribute 5% of salary to the health insurance fund, effective with the first pay date after the bill's enactment.

Maintains existing contribution rates for members in Tier 1 who became members before or after January 1, 1995, with rates of 9% and 7% respectively under prior law.

Requires contributions to be made by payroll deduction, with members considered to consent to the deductions as a condition of membership in the retirement system or participation in Tier 2.

Establishes that health insurance contributions are non-refundable except as otherwise provided by law.

Directs the retirement system to use deposited contributions, along with co-payments, interest, and state appropriations, to disburse premiums for dental, hospital, and medical coverage insurance.