Introduced
by
To permit a local government to that has chosen to have its employee retirement benefits administered by a Municipal Employees Retirement System (MERS) to withdraw from that system, if it adopts a benefit funding system that meets the funding requirements proposed by House Bill 5298.
Referred to the Committee on Michigan Competitiveness
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Amendment offered
by
To replace the previous version of the bill with one that removes its previous provisions, and replaces them with a reference to the retirement benefit pre-funding disclosure and oversight requirements proposed by House Bill 5298.
The amendment passed by voice vote
Passed in the House 107 to 3 (details)
To add a reference to the law authorizing a Municipal Employees Retirement System (MERS) to reflect the funding disclosure and oversight requirements proposed by House Bill 5298.
Referred to the Committee of the Whole
Amendment offered
To revise the "tie-bars" in the package of bills consisting of House Bills 5298 to 5213, and the identical OPEB funding disclosure package comprised of Senate Bills 686 to 699, so as to make the package "bicameral." Tie-bar means one bill can't become law unless a another bill specified in the provision also becomes law.
The amendment passed by voice vote
Passed in the Senate 38 to 0 (details)
To add a reference to the law authorizing a Municipal Employees Retirement System (MERS) to reflect the funding disclosure and oversight requirements proposed by House Bill 5298.
Passed in the House 106 to 3 (details)
To concur with the Senate-passed version of the bill.
