Introduced
by
To authorize a one-time early retirement incentive for certain state employees who retire between July 1 and November 1, 2002. State employees whose combined age and years of service totaled 80 as of November 1, 2002, would be eligible to elect to take advantage of the offer during a signup window of April 1 to April 30, 2002. The incentive would increase the multiplier used to calculate the retirement benefits of these employees from 1.5 percent to 1.75 percent, which would increase the cash portion of their pension benefits by 16.7 percent. The bill also contains a provision to create a new retirement health care sub-account, which would pay for future state retiree health care benefits. This account would receive from the regular pension fund any contributions in excess of the amount deemed sufficient under actuarial and accounting standards to cover future pension expenses. In years when contributions were less than this amount, money could be transferred from the health care account to the pension fund. Also, the bill includes a provision which requires an application for a duty disability retirement to be filed no later than one year after termination of employment.
Referred to the Committee on Senior Health, Security, and Retirement
Amendment offered
by
To extend the early-out program to employees who do not have enough years in “covered” positions, but who would have enough years if time in both “covered” positions and other state jobs not covered by the program are combined.
The amendment failed by voice vote
Amendment offered
by
To eliminate a provision which requires an application for a duty disability retirement to be filed no later than one year after termination of employment.
The amendment failed 48 to 53 (details)
Amendment offered
by
To make accumulated sick leave compensation paid at retirement to a state employee exempt from state income tax.
The amendment failed 44 to 57 (details)
Amendment offered
by
To give employees who choose to take advantage of this "early out" incentive package a chance to change their mind for good cause.
The amendment failed 45 to 57 (details)
Amendment offered
by
To allow state employees to retire with a pension at age 50 if they have 30 years of state employment.
The amendment failed 39 to 62 (details)
Amendment offered
by
To prohibit the retirement board from requiring a pensioner on a duty disability retirement to undergo more than one medical exam per year.
The amendment passed 103 to 0 (details)
Amendment offered
by
To make a technical change in the language of the bill so it will be internally consistent.
The amendment passed by voice vote
Amendment offered
by
To prohibit privatization of services previously provided by state employees who have retired early as a result of this incentive package.
The amendment failed 45 to 57 (details)
Amendment offered
by
To extend this "early out" retirement incentive offer to corrections officers.
The amendment failed 49 to 52 (details)
Amendment offered
by
To extend the early-out program to employees who do not have enough years in “covered” positions, but who would have enough years if time in “covered” positions and as time as an employee of the city of Detroit before Sept. 1, 1981 are combined, and if the city picks up part of the cost.
The amendment passed by voice vote
Amendment offered
by
To prohibit privatization of services previously provided by state employees who have retired early as a result of this incentive package unless the savings to the state are at least five-percent of the cost of providing the same service with state employees.
The amendment failed 49 to 54 (details)
Amendment offered
by
To eliminate a provision which requires an application for a duty disability retirement to be filed no later than one year after termination of employment.
The amendment failed 49 to 54 (details)
Passed in the House 94 to 8 (details)
To authorize a one-time early retirement incentive for certain state employees who retire between July 1 and November 1, 2002. State employees whose combined age and years of service totaled 80 as of November 1, 2002, would be eligible to elect to take advantage of the offer during a signup window of April 1 to April 30, 2002. The incentive would increase the multiplier used to calculate the retirement benefits of these employees from 1.5 percent to 1.75 percent, which would increase the cash portion of their pension benefits by 16.7 percent. The bill also contains a provision to create a new retirement health care sub-account, which would pay for future state retiree health care benefits. This account would receive from the regular pension fund any contributions in excess of the amount deemed sufficient under actuarial and accounting standards to cover future pension expenses. In years when contributions were less than this amount, money could be transferred from the health care account to the pension fund. Also, the bill includes a provision which requires an application for a duty disability retirement to be filed no later than one year after termination of employment.
Substitute offered
To replace the previous version of the bill with a version which originally included corrections employees in the early-out offer, but was amended to remove them.
The substitute passed by voice vote
Amendment offered
by
To strip out the provision granting the early-out pension enhancement to corrections officers, and allow the children of the survivor of deceased covered pensioner to receive the survivor's benefits until age 18 if the survivor dies.
The amendment passed by voice vote
Amendment offered
by
To allow former employees of the Detroit Recorders Court to purchase service credits for the time served in that position.
The amendment passed by voice vote
Passed in the Senate 36 to 0 (details)
Received
To concur with the Senate-passed version of the bill.
To authorize a one-time early retirement incentive for certain state employees who retire between July 1 and November 1, 2002. State employees whose combined age and years of service totaled 80 as of November 1, 2002, would be eligible to elect to take advantage of the offer during a signup window of April 1 to April 30, 2002. The incentive would increase the multiplier used to calculate the retirement benefits of these employees from 1.5 percent to 1.75 percent, which would increase the cash portion of their pension benefits by 16.7 percent. The bill also contains a provision to create a new retirement health care sub-account, which would pay for future state retiree health care benefits. This account would receive from the regular pension fund any contributions in excess of the amount deemed sufficient under actuarial and accounting standards to cover future pension expenses. In years when contributions were less than this amount, money could be transferred from the health care account to the pension fund. Also, the bill includes a provision which requires an application for a duty disability retirement to be filed no later than one year after termination of employment.
Passed in the House 92 to 10 (details)
To concur with the Senate-passed version of the bill.
