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MI HB4660
Bill
Status
6/17/2025
Primary Sponsor
Douglas Wozniak
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AI Summary
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Allows public school employee retirees to direct their retirement allowance payments to a special needs trust (established under 42 USC 1396p(d)(4)(A) or (C)) if the retirement allowance beneficiary is a beneficiary of such a trust
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The retirant can provide written direction to the retirement system to pay the allowance to the trust, or after the retirant's death, the retirement allowance beneficiary or their legal representative can provide such direction
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Legal representatives may direct payments to the trust if the retirement allowance beneficiary is a minor or incapacitated
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Makes various technical and modernizing language updates throughout the Public School Employees Retirement Act, including replacing "shall" with "must" or "will" and updating gendered pronouns to gender-neutral language
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
Bill Electronically Reproduced 06/17/2025
6/18/2025