Introduced
by
To revise the basis on which state retirement benefits for Michigan National Guard commanders and their assistants are determined, by no longer setting them in the same manner that federal military retirement system benefits are set.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Passed in the Senate 37 to 0 (details)
To grant state pensions equal to 45 percent of their final base pay for Michigan National Guard "Adjutant Generals" and Assistant Adjutant Generals. Under current law, these officials get a state pension equal to 2.5 percent their final pay times their years of Michigan service, and also get a federal pension (which would remain). The Senate Fiscal Agency estimates this will add $2.5 million to the pension system's liabilities.
Referred to the Committee on Appropriations
Reported without amendment
Without amendment and with the recommendation that the bill pass.
Passed in the House 95 to 14 (details)
To grant state pensions equal to 45 percent of their final base pay for Michigan National Guard "Adjutant Generals" and Assistant Adjutant Generals. Under current law, these officials get a state pension equal to 2.5 percent their final pay times their years of Michigan service, and also get a federal pension (which would remain). The Senate Fiscal Agency estimates this will add $2.5 million to the pension system's liabilities.
