A bill to amend 1943 PA 240, entitled “State employees’ retirement act,” by amending section 20g (MCL 38.20g), as amended by 1987 PA 241.
The bill amends the State Employees' Retirement Act to adjust the calculation and distribution of retirement benefits, including annual increases and supplemental payments, with specific provisions for investment returns and deceased beneficiaries.
Introduced
by
Referred to the Committee on Labor
