A bill to amend 1943 PA 240, entitled “State employees’ retirement act,” by amending section 31 (MCL 38.31), as amended by 2002 PA 99.
House Bill No. 4659 updates the State Employees' Retirement Act to clarify and expand options for retirement benefit payments, beneficiary designations, and the handling of benefits in cases of death, divorce, or incapacity, including provisions for payment to certain trusts.
Co-sponsored by Reps.
Referred to the Committee on Judiciary
