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MI SB0166

MI SB0166
Retirement: state employees; election process to transfer certain law enforcement officers to the Michigan state police retirement system; provide for. Amends sec. 55 of 1943 PA 240 (MCL 38.55) & adds secs. 50b, 50c, 50d, 64a, 64b & 64c. TIE BAR WITH: SB 0167'23


summary

Introduced
03/09/2023
In Committee
12/12/2024
Crossed Over
11/07/2024
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1943 PA 240, entitled"State employees' retirement act,"by amending section 55 (MCL 38.55), as amended by 2011 PA 264, and by adding sections 50b, 50c, 50d, 64a, 64b, and 64c.

AI Summary

This bill provides an opportunity for certain state law enforcement officers, including eligible positions, conservation officers, and state police motor carriers/Michigan state police properties securities officers, to elect to transfer from the State Employees' Retirement System to the Michigan State Police Retirement System. The election period is from January 2, 2025 to June 6, 2025, and those who elect to transfer will cease being qualified participants in the State Employees' Retirement System effective June 7, 2025 and become members of the Michigan State Police Retirement System. The bill also outlines provisions for transferring contributions and service credit as part of the transition. This bill is tied to Senate Bills 165 and 167.

Committee Categories

Labor and Employment

Sponsors (8)

Last Action

Referred To Second Reading (on 12/12/2024)

bill text


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