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MI HB5987
Bill
Status
12/11/2024
Primary Sponsor
Jenn Hill
Click for details
AI Summary
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Allows retirement allowance beneficiaries who are beneficiaries of special needs trusts established under 42 USC 1396p(d)(4)(A) or (C) to receive payments directly paid to the trust by the retirement system upon written direction by the retirant or, after death, by the beneficiary or legal representative.
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Makes technical language changes throughout the statute, replacing "shall" with "must" or "will," "his or her" with "the member's" or "the retirant's," and "person" with "individual" for consistency with modern drafting standards.
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Clarifies that the retirement system (rather than passive construction) determines the estimated Social Security primary insurance amount for members coordinating benefits.
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Maintains all existing rules regarding retirement allowance payment options, beneficiary designations, and conditions for changing beneficiaries under the Public School Employees Retirement Act of 1979.
Legislative Description
Retirement: public school employees; naming a special needs trust as beneficiary; allow. Amends sec. 85 of 1980 PA 300 (MCL 38.1385).
Retirement: public school employees
Last Action
Referred To Committee On Government Operations
12/18/2024