Loading chat...
MI HB5988
Bill
Status
12/11/2024
Primary Sponsor
Tyrone Carter
Click for details
AI Summary
-
Allows retirement allowance payments to be directed to a special needs trust established under 42 USC 1396p(d)(4)(A) or (C) when a retirement allowance beneficiary is a trust beneficiary, upon written direction by the retirant or their legal representative.
-
Updates gender-specific pronouns throughout the statute to use gender-neutral language ("the member's" instead of "his or her").
-
Makes technical corrections to subsection references and conditional language throughout the section (changing "is" to "must be", "must" to "will", etc.).
-
Clarifies that mandatory retirement occurs when a member becomes 56 years of age, with exceptions as provided in section 24b and subject to subsection (15).
-
Updates references to specific dates in beneficiary election procedures, replacing general references to "the effective date of the amendatory act" with the specific date of "December 28, 2018".
Legislative Description
Retirement: state police; naming a special needs trust as beneficiary; allow. Amends sec. 24 of 1986 PA 182 (MCL 38.1624).
Probate: trusts
Last Action
Referred To Committee On Government Operations
12/18/2024