Public Act 83 of 2004

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• Introduced by Sen. Cameron Brown (R) on February 25, 2004, to count the banked leave and furlough hours accumulated by State Police employees (part of Gov. Granholm’s 2003 budget balancing plan) as full credited service for the purpose of determining their pension benefit, and raise the current $90,000 annual retirement benefit cap to $160,000. The bill would also implement a deferred retirement option plan (DROP), allowing officers with 25 or more years of service to keep working for another six years, while also earning interest on their deferred pension benefits.
  • Referred to the Senate Appropriations Committee on February 25, 2004.
    • Reported in the Senate on March 9, 2004, with the recommendation that the substitute (S-1) be adopted and that the bill then pass.
  • Substitute offered in the Senate on March 9, 2004, to replace the previous version of the bill with one that transfers some of the provisions related to the banked leave and furlough hours of command officers to the House version of the same bill, HB 5279. The substitute passed in the Senate by voice vote on March 9, 2004.
• Passed in the Senate (38 to 0) on March 10, 2004, to count the banked leave and furlough hours accumulated by State Police employees (part of Gov. Granholm’s 2003 budget balancing plan) as full credited service for the purpose of determining their pension benefit, and raise the current $90,000 annual retirement benefit cap to $160,000. The bill would also implement a deferred retirement option plan (DROP), allowing officers with 25 or more years of service to keep working for another six years, while also earning interest on their deferred pension benefits. [Vote Details and Comments]
• Received in the House on March 10, 2004.
  • Referred to the House Appropriations Committee on March 10, 2004.
  • Reported in the House on March 25, 2004, without amendment and with the recommendation that the bill pass.
• Passed in the House (105 to 0) on March 30, 2004, to count the banked leave and furlough hours accumulated by State Police employees (part of Gov. Granholm’s 2003 budget balancing plan) as full credited service for the purpose of determining their pension benefit, and raise the current $90,000 annual retirement benefit cap to $160,000. The bill would also implement a deferred retirement option plan (DROP), allowing officers with 25 or more years of service to keep working for another six years, while also earning interest on their deferred pension benefits. [Vote Details and Comments]
• Signed by Gov. Jennifer Granholm on April 22, 2004.