2015 House Bill 4289

Revise government pension system detail

Introduced in the House

March 4, 2015

Introduced by Rep. Ken Yonker (R-72)

To update some terms and references in the law requiring large municipal pension systems (namely Detroit) to have an investment committee that recommends asset allocations and actuarial assumptions.

Referred to the Committee on Financial Liability Reform

March 11, 2015

Reported without amendment

Without amendment and with the recommendation that the bill pass.

March 18, 2015

Passed in the House 108 to 1 (details)

Received in the Senate

March 19, 2015

Referred to the Committee on Commerce