HB-4076, As Passed House, March 4, 2009
January 22, 2009, Introduced by Rep. Valentine and referred to the Committee on Judiciary.
A bill to amend 1943 PA 240, entitled
"State employees' retirement act,"
by amending section 3 (MCL 38.3).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
3. (1) The retirement board shall consist of 9 11
members, as follows:
(a) The insurance commissioner, the attorney general, the
state treasurer, the deputy legislative auditor general, and the
state personnel director.
(b)
Two Three employee members of the retirement system, who
shall be appointed by the governor. Not more than 1 employee member
of the retirement board shall be from any 1 department, bureau, or
agency of state government. The term of office of the employee
members
shall be 3 4 years.
No employee member shall be employed in
a department represented by a member identified in subdivision (a).
(c)
The 2 3 retirant members shall be retirants of the
retirement system, who shall be appointed by the governor. The term
of
office of the retirant members shall be 3 4 years.
(2)
After the effective date of this amendatory act, the seat
of
the first employee member to retire at the expiration of the
member's
present term or the member's retirement from active
service,
whichever shall be first, shall be filled by the
appointment
of a second retirant member.