Michigan SB1133 amends the retirement system for state police officers hired after June 10, 2012, allowing them to purchase service credit and join.
Michigan SB1133 amends the retirement system for state police officers hired after June 10, 2012, allowing them to purchase service credit for their time under the state employees' retirement system. This bill also provides for the membership of certain law enforcement officers in the retirement system. It includes provisions for calculating final average compensation and defines terms such as "banked leave time program" and "credited service." The bill requires the enactment of SB 1134 and SB 1135 for it to take effect.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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