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MI HB6480
Bill
Status
Passed
12/31/2018
Primary Sponsor
Robert VerHeulen
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AI Summary
- Amends Section 2 of the 2002 Public Employee Retirement Benefit Protection Act (2002 PA 100) to update definitions related to public employee retirement systems
- Defines "Department" as the Department of Technology, Management, and Budget
- Defines key terms including "Employer contributions," "Member," "Participating unit," "Retirant," "Retirement benefit," "Retirement system," and "State unit"
- Specifies that "State unit" includes five state retirement systems: State Employees' Retirement Act (1943 PA 204), Public School Employees Retirement Act of 1979 (1980 PA 300), Judges Retirement Act of 1992 (1992 PA 234), State Police Retirement Act of 1986 (1986 PA 182), and Michigan Legislative Retirement System Act (1957 PA 261)
- Takes effect only if House Bill No. 6475 of the 99th Legislature is also enacted into law
Legislative Description
Retirement; other; reference to state police retirement act in public employee retirement benefit protection act; update. Amends sec. 2 of 2002 PA 100 (MCL 38.1682).
Retirement: other
Last Action
Assigned Pa 685'18 With Immediate Effect
12/31/2018
Committee Referrals
Appropriations12/11/2018
Financial Liability Reform11/7/2018
Full Bill Text
No bill text available