RETIREE HEALTH BENEFITS; PREMIUMS
House Bills 4668 and 4669
Sponsor: Rep. Gloria Schermesser
Committee: Senior Health, Security and Retirement
Complete to 7-31-01
A SUMMARY OF HOUSE BILLS 4668 AND 4669 AS INTRODUCED 4-24-01
House Bill 4668 would amend the Public School Employees Retirement Act (MCL 38.1391) and House Bill 4669 would amend the State Employees' Retirement Act (MCL 38.20d and 38.68) to specify that, beginning on the effective date of the bills, the proportion of premium payable by a retiree or beneficiary for health care benefits could not be greater than 125 percent of the proportion of premium that retirees or beneficiaries are required to pay on the effective date of the bills.
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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.