Introduced
by
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 Detroit's Recovery and Michigan's Future
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 108 to 2 (details)
Referred to the Committee on Reforms, Restructuring, and Reinventing
