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MI SB0939
Bill
AI Summary
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Increases annual retirement pay for National Guard and defense force members with 20+ years of active service from $600 to $1,200 per year for those retiring at age 62 or older.
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Increases annual retirement pay from $600 to $1,200 per year (beginning at age 55) for individuals retiring due to federal ineligibility, physical disqualification, or honorable separation.
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Increases surviving spouse annual benefits from $500 to $1,200 per year for spouses of deceased members who completed 20+ years of service.
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Updates terminology throughout section 411 from "person" to "individual" and "national guard" to "National Guard" for consistency and clarity.
Legislative Description
Retirement; military; Michigan military retirement pay; increase under certain circumstances. Amends sec. 411 of 1967 PA 150 (MCL 32.811).
Retirement: defined benefit
Last Action
Referred To Committee On Appropriations
4/12/2018