A bill to amend 1943 PA 240, entitled “State employees’ retirement act,” by amending sections 1i, 13, 64, and 68 (MCL 38.1i, 38.13, 38.64, and 38.68), section 1i as amended by 2004 PA 33, section 13 as amended by 2018 PA 682, and sections 64 and 68 as amended by 2011 PA 264, and by adding sections 19k and 50b.
The bill amends the State Employees' Retirement Act to offer state employees more retirement plan options, including the ability to switch from Tier 2 to Tier 1, and updates service credit and health insurance benefit provisions.
Introduced
by
Referred to the Committee on Labor
