Introduced
by
To increase the monthly pension payments by 16.7 percent for legislative and judicial branch employees, and executive branch political appointees, who retire this year and whose age and years of government employment add up to at least 75 (for example, 15 years on the payroll at age 60), or who have at least 20 years on the payroll and are age 45 or more; see also Senate Bill 1500. Note: recently-passed early retirement bills for state and school provided pension “sweeteners” of 6.6 percent. See also <a href="http://www.michiganvotes.org/2002-HB-4605">House Bill 4605</a> passed in the last lame-duck legislature of the Engler administration (2002), which gave enhanced benefits to approximately 120 political appointees and legislative staffers; and also <a href="http://www.legislature.mi.gov/documents/1997-1998/billanalysis/House/htm/1997-HLA-6208-A.htm">House Bill 6208</a> passed in 1998, which boosted the future benefits of legislators elected in 1994.
Referred to the Committee on Government Operations
