EARLY RETIREMENT WINDOW FOR CERTAIN COURT EMPLOYEES

House Bill 4318

Sponsor: Rep. Paul Condino

Committee: Senior Health, Security and Retirement

Complete to 3-14-03

A SUMMARY OF HOUSE BILL 4318 AS INTRODUCED 3-11-03

Public Act 743 of 2002 (enrolled House Bill 4605) amended the defined benefit provisions of the State Employees Retirement Act to provide an early retirement program for employees of the legislature, the judicial system, the office of the governor, and unclassified civil service employees who met certain age and service credit requirements (see below). In order to qualify for the early retirement program, a member was required to file an application with the retirement system by December 31, 2002, and retire no later than February 1, 2003.

House Bill 4318 would amend the act to provide an additional early retirement "window" for a member of the retirement system who is an employee of the 36th District Court (the City of Detroit) or the 3rd Circuit Court (Wayne County). Under the bill, such an employee who met the requirements of the early retirement program offered under Public Act 743 would have 30 days after the effective date of the bill to file an application for early retirement. The member would then have to retire within 60 days of the bill's effective date. The bill would also allow such a member to withdraw an application no later than 15 days after the bill's effective date, and would specify that an application that was not withdrawn by that date would be irrevocable.

(To qualify for the early retirement plan offered under Public Act 743, a member was required to have either:

·              a combined age and service credit of at least 75 years, or

·              at least 20 years of service credit, and a combined age and service credit of at least 65 years.)

MCL 38.19i

 

Analyst: D. Martens

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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.