Bill Text: MI SB0202 | 2011-2012 | 96th Legislature | Introduced

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Bill Title: Retirement; legislative; state defined benefit plan; modify for certain legislators. Amends secs. 6 & 17a of 1957 PA 261 (MCL 38.1006 & 38.1017a) & adds sec. 17e.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2011-02-24 - Referred To Committee On Reforms, Restructuring And Reinventing [SB0202 Detail]

Download: Michigan-2011-SB0202-Introduced.html

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SENATE BILL No. 202

 

 

February 24, 2011, Introduced by Senators BIEDA, WHITMER, CASPERSON, JANSEN and SCHUITMAKER and referred to the Committee on Reforms, Restructuring and Reinventing.

 

 

 

     A bill to amend 1957 PA 261, entitled

 

"Michigan legislative retirement system act,"

 

by amending sections 6 and 17a (MCL 38.1006 and 38.1017a), section

 

6 as amended by 1996 PA 486 and section 17a as amended by 1981 PA

 

185, and by adding section 17e.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 6. (1) Except as otherwise provided in subsection (2),

 

"member" means any of the following:

 

     (a) A legislator of this state.

 

     (b) The secretary of the senate who served not less than 6

 

months before January 1, 1979, and for not less than 3 months after

 

January 1, 1979.

 

     (c) The clerk of the house who served not less than 6 months

 

before January 1, 1979, and for not less than 3 months after

 

January 1, 1979.

 

     (d) The lieutenant governor.

 

     (2) Member does not include any of the following:

 

     (a) An individual who elects not to participate in the

 

retirement system under section 18.

 

     (b) An individual who first becomes a legislator or lieutenant

 

governor on or after March 31, 1997.

 

     (c) An individual who elects to terminate membership under

 

section 61 and who, but for that election, would otherwise be

 

eligible for membership in Tier 1 under section 18.

 

     (d) An individual who was elected to the legislature on or

 

before March 31, 1997 and is reelected to the legislature on or

 

after January 1, 2011.

 

     Sec. 17a. (1) "Deferred vested member" means a member who left

 

the legislature having satisfied the requirements of section

 

23(1)(a), but without having attained 55 years of age.

 

     (2) A deferred vested member who left the legislature and is

 

reelected to the legislature on or after January 1, 2011 shall not

 

be entitled to accrue additional time as a member but shall become

 

a qualified participant in Tier 2.

 

     Sec. 17e. A former nonvested member who left the legislature

 

on or before March 31, 1997 and is first reelected to the

 

legislature on or after January 1, 2011 shall not continue as a

 

member but shall become a qualified participant in Tier 2.