Michigan SB1135 allows law enforcement officers hired after a certain date to join the state employees' retirement system and purchase service credit.
Michigan SB1135 amends the state employees' retirement system to allow certain law enforcement officers hired after a specified date to join the system. It provides for the purchase of service credit for prior service under the state employees' retirement system. Members can pay for this credit through tax-deferred or additional payments, with a deadline of four years from the initiation of the purchase. The retirement system must establish a method for implementing these payments. The act also specifies that service credit cannot be purchased after October 15, 2027.
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- Critical Issues
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