Act No. 206

Public Acts of 2017

Approved by the Governor

December 19, 2017

Filed with the Secretary of State

December 20, 2017

EFFECTIVE DATE: December 20, 2017

STATE OF MICHIGAN

99TH LEGISLATURE

REGULAR SESSION OF 2017

Introduced by Senators Stamas and Marleau

ENROLLED SENATE BILL No. 694

AN ACT to amend 1966 PA 28, entitled An act to authorize the board of trustees of police and firemen retirement systems, municipal employees retirement systems, or county retirement systems to increase benefits, by amending section 1 (MCL 38.571), as amended by 2002 PA 602.

The People of the State of Michigan enact:

Sec. 1. Subject to the protecting local government and retirement benefits act, the board of trustees with the approval of the governing body of the county, city, village, or township of any police and firemen retirement system, municipal employees retirement system, or county retirement system may use not more than 1/2 of the interest earned by any reserve fund in the system to contract for medical, hospital, or nursing care for any person receiving benefits of the system. As used in this section, reserve fund means the money contributed by the city, village, township, or county.

Enacting section 1. This amendatory act does not take effect unless Senate Bill No. 686 of the 99th Legislature is enacted into law.

This act is ordered to take immediate effect.

Secretary of the Senate

Clerk of the House of Representatives

Approved

Governor