FREEZE PENSION OF REEMPLOYED STATE WORKERS

House Bill 4800 without amendment

Sponsor:  Rep. Lorence Wenke

Committee:  Oversight and Investigations

Complete to 5-23-07

A SUMMARY OF HOUSE BILL 4800 AS REPORTED FROM COMMITTEE

House Bill 4800 would amend the State Employees' Retirement Act to suspend the retirement allowance payments of a retiree under the act if the individual is reemployed by the State of Michigan directly or indirectly (including through third-party contracts).  The retirement payments would remain suspended during the period of reemployment.  The pension suspension provision would begin on the effective date of the bill. 

MCL 38.68(c)

FISCAL IMPACT: 

         There would be no fiscal impact on the state. 

                                                                                           Legislative Analyst:   Shannan Kane

                                                                                                  Fiscal Analyst:   Al Valenzio

■ 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.