Bill
HB 5021
Retirement: public school employees; default option for newly hired employees; revise. Amends sec. 81d of 1980 PA 300 (MCL 38.1381d).
2023-2024 Regular Session
Introduced by Noah Arbit and 13 co-sponsors
MPSERS changes default new school employees (post-June 30, 2024) to Tier 1 Pension Plus 2 instead of Tier 2, unless they elect Tier 2 within 75 days; elections are irrevocable.
assigned PA 250'23