2023 House Bill 4305

Retirement: public school employees; employment of certain retired coaches; modify waiting period.

A bill to amend 1980 PA 300, entitled “The public school employees retirement act of 1979,” by amending section 61 (MCL 38.1361), as amended by 2022 PA 184.

AI Analysis – Experimental

This bill stipulates that retirees will forfeit their retirement allowance and healthcare benefits subsidy if they are re-employed at a reporting unit, except under specific conditions such as a bona fide termination of employment, earning under $10,000 annually as an interscholastic athletics coach or sports official, and having been retired for at least nine months.