A bill to amend 1980 PA 300, entitled “The public school employees retirement act of 1979,” by amending sections 4, 5, 43a, 81d, and 91a (MCL 38.1304, 38.1305, 38.1343a, 38.1381d, and 38.1391a), section 4 as amended by 2010 PA 75, section 5 as amended by 2018 PA 328, section 43a as amended by 2017 PA 92, section 81d as amended by 2023 PA 250, and section 91a as amended by 2012 PA 359, and by adding sections 69h, 81e, and 81f.
The bill amends the Public School Employees Retirement Act, introducing options for retirement plan elections, modifying contribution requirements, and adjusting health insurance provisions, with specific timelines for implementation and compliance with federal tax regulations.
Introduced
by
Referred to the Committee on Labor
