Introduced by Rep. Lorence Wenke (R) on June 13, 2007, to not include community college employees hired after Jan. 1, 2008 in the school employee pension and post-retirement health benefit system (MPSERS). Beginning in 2008, the annual contribution that community colleges make to the system would be based on an actuarial calculation of the 40 year amortization cost of the unfunded liability of the pension and health insurance promises to employees already enrolled in the system.
Referred to the House Education Committee on June 13, 2007.
1) 2007 House Bill 4912 (Exclude new community college employees from defined benefit pension system ) [by admin on January 1, 2001] Introduced in the House on June 13, 2007