2025 House Bill 5335

Retirement: other; MI secure retirement program board; establish.

A bill to create the secure retirement savings board and prescribe its powers and duties.

AI Analysis – Experimental

House Bills 5335 and 5336 create a state-administered retirement savings system by establishing a Secure Retirement Savings Board and implementing an automatic-enrollment IRA program for private-sector workers without employer plans, requiring certain employers to participate and offering a portable, low-cost option contingent on related legislation.

Introduced in the House

Dec. 2, 2025

Introduced by Rep. Mike McFall (D-14)

Referred to the Committee on Government Operations