Introduced
by
To create a process for funding retirement benefits that had been promised to some part-time student employees by community colleges that then failed to report the liabilities or fund them. The bill would appropriate $650,000 for this purpose.
Referred to the Committee on Financial Liability Reform
Reported without amendment
With the recommendation that the substitute (H-3) be adopted and that the bill then pass.
Substitute offered
To replace the previous version of the bill with one that one that uses it to make a substantial change in addressing the unfunded liabilities of overall school pension system; see House-passed version for details.
The substitute passed by voice vote
Amendment offered
by
To add back a provision the bill would remove from the <a href="https://www.michiganvotes.org/2017-SB-401">2017 school pension reform law</a> that changed how school districts are assessed by the state for catching up on the debt represented by unfunded pension liabilities..
The amendment failed by voice vote
Substitute offered
by
To replace the previous substitute for the bill with one that revises details but does not change the substance as previously described.
The substitute passed by voice vote
Amendment offered
by
The amendment passed by voice vote
Passed in the House 63 to 45 (details)
To remove a provision of the <a href="https://www.michiganvotes.org/2017-SB-401">2017 school pension reform law</a> that changed how school districts are assessed by the state for catching up on the debt represented by unfunded pension liabilities. The law changed the basis for these assessments from a percentage of their payroll to a percentage of payroll plus “purchased services,” which potentially reduces the incentive for outsourcing non-core servicers to private contractors. House Bill 6378 removes purchased services from the formula. The bill would also create a process for funding retirement benefits that had been promised to some part-time student employees by community colleges that then failed to report the liabilities or fund them, and appropriates $650,000 for this purpose.
Referred to the Committee on Education
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 25 to 12 (details)
To remove a provision of the <a href="https://www.michiganvotes.org/2017-SB-401">2017 school pension reform law</a> that changed how school districts are assessed by the state for catching up on the debt represented by unfunded pension liabilities. The law changed the basis for these assessments from a percentage of their payroll to a percentage of payroll plus “purchased services,” which potentially reduces the incentive for outsourcing non-core servicers to private contractors. House Bill 6378 removes purchased services from the formula. The bill would also create a process for funding retirement benefits that had been promised to some part-time student employees by community colleges that then failed to report the liabilities or fund them.
Passed in the House 63 to 46 (details)
To concur with the Senate-passed version of the bill.
