Establishes the Michigan Secure Retirement Program Board within the Department of Treasury.

The bill creates the Michigan Secure Retirement Program Board within the Department of Treasury. The board consists of seven members, including the state treasurer, a designee of the state treasurer, the director of the Department of Technology, Management, and Budget or their designee, two public representatives with expertise in retirement, a representative of participating employers, and a representative of enrollees. Members serve without compensation but may be reimbursed for travel expenses. Appointments are made by the governor, subject to the advice and consent of the Senate.

Establishes the Michigan Secure Retirement Program Board within the Department of Treasury.

The bill creates the Michigan Secure Retirement Program Board within the Department of Treasury. The board consists of seven members, including the state treasurer, a designee of the state treasurer, the director of the Department of Technology, Management, and Budget or their designee, two public representatives with expertise in retirement, a representative of participating employers, and a representative of enrollees. Members serve without compensation but may be reimbursed for travel expenses. Appointments are made by the governor, subject to the advice and consent of the Senate.