February 3, 2004, Introduced by Senator JACOBS and referred to the Committee on Local, Urban and State Affairs.
A bill to amend 1943 PA 240, entitled
"State employees' retirement act,"
(MCL 38.1 to 38.69) by adding section 19j.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 19j. Beginning October 1, 2003, if a member becomes
2 eligible for a program administered by the retirement system that
3 offers a retirement allowance not computed under section 19 or
4 20, or that offers eligibility for retirement based on age and
5 years of service requirements that are not contained in section
6 19, or both, the retirement system shall provide at least 14 days
7 of actual notice to members of the offer before the deadline to
8 accept the offer has passed. If the retirement system does not
9 offer 14 days of actual notice of the offer to a member and the
10 deadline has passed, the member shall be allowed to retire under
11 the program if the member meets the eligibility requirements of
1 the program.