2017 House Bill 5302

Establish funding requirements for municipal employee retirement benefits

Introduced in the House

Nov. 30, 2017

Introduced by Rep. Gary Glenn (R-98)

To revise a law that requires a local government to obtain an actuarial analysis before adopting any pension benefit change, so it only applies to a proposed benefit increase. Also, to replace unfunded retirement benefit disclosure requirements in this law with the ones proposed by House Bill 5298.

Referred to the Committee on Michigan Competitiveness

Dec. 5, 2017

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 6, 2017

Passed in the House 107 to 3 (details)

Received in the Senate

Dec. 12, 2017

Referred to the Committee on Government Operations