MI HB5637

Prohibits public employers from employing individuals who are receiving retirement benefits from that same employer's defined benefit retirement plan, either directly or through third-party contracts.

Allows individuals to continue employment if they waive their right to receive previously accrued retirement benefits from the public employer's defined benefit retirement plan while reemployed.

Requires violating public employers to immediately discontinue the violation and reimburse the retirement plan for all benefits paid to the individual during the prohibited employment period.

Authorizes the Michigan Attorney General to petition the Court of Claims to reduce state revenue sharing payments to violating employers by twice the amount of benefits paid in violation of the act.

Exempts individuals already employed by a public employer and receiving benefits under that employer's retirement plan as of the bill's effective date from the prohibition.