At MARSP, we are dedicated to advocating for retired public school employees.
In addition to monitoring the bills listed below, we are also monitoring the budget process. As we continue to learn more about the legislative landscape in Michigan we will inform our members. To ensure you are receiving timely updates from us please provide us with your email address by emailing staff@marsp.org.
MARSP Legislative Status Report
2021-22 Legislative Session| Bill Number | MARSP's position | Bill Sponsor(s) | Bill Status | Bill Summary | Our Rationale | Bill Text & History |
|---|---|---|---|---|---|---|
| Senate | ||||||
| SB 0024 | Monitor | Tom Barrett (R) | Introduced and referred to Committee on Finance | This bill makes two major revisions to MPSERS. First, it would revise how the state calculates unfunded accrued liability (UAL) In MPSERS. Currently the UAL is calculated based on a 30-year amortization. This bill would calculate UAL based on layered amortization. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| SB 0359 | Monitor | Ken Horn (R) | Introduced and referred to committee on Finance | This bill would amend Michigan's income tax deduction to allow all residents 67 or older a deduction against all forms of income. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| SB 0418 | Monitor | Curtis Hertel (D) | Introduced and referred to committee on Appropriations | This bill would amend sec. 68 of 1980 PA 300 and allow active public school employees to accrue two years of service credits for each year worked during certain conditions, including but not limited to the recent COVID-19 pandemic orders. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| House Bills | ||||||
| HB 4002 | Monitor | Joseph Bellino (R) | Introduced and refereed to Committee on Tax. | This bill makes two major revisions to MPSERS. First, it would revise how the state calculates unfunded accrued liability (UAL) In MPSERS. Currently the UAL is calculated based on a 30-year amortization. This bill would calculate UAL based on layered amortization. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4188 | Monitor | Thomas Albert (R) | Introduced and referred to Committee on Appropriations. | No summary as this time. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4261 | Monitor | Thomas Albert (R) | Introduced and referred to Committee on Appropriations. | This bill amends the Public School Employees Retirement Act to require that the pension and retiree health care payroll growth assumption rate for a reporting unit be 2.25% for fiscal year (FY) 2021-22. For the subsequent fiscal years, the bill would retain the current requirement that the payroll growth assumption be reduced annually by 50 basis points until the rate is zero. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4263 | Monitor | Brad Paquette (R) | Reviewed and passed by the House Appropriations Committee. | This bill amends the Public School Employees Retirement Act to adopt layered amortization, reduces the time frame over which a deficiency in the actuarially determined contribution must be paid, requires that the most recent mortality tables provided by the Actuarial Standards Board be used and implements a reduced cap for the assumed rate of return and discount rate. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4375 | Monitor | Steven Johnson (R) | Introduced and referred to Committee on Education. | House Bill 4375 Amends sec. 61 of 1980 PA 300, which requires a school district to pay the unfunded actuarial accrued liability associated with employment of a retired substitute teacher. This bill would eliminate this requirement and extend the sunset for certain retirees reemployed by or at a school district without forfeiting his or her retirement allowance. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4490 | Monitor | Angela Witwer (D) | Introduced and referred to Committee on Tax Policy. | This bill makes two major revisions to MPSERS. First, it would revise how the state calculates unfunded accrued liability (UAL) In MPSERS. Currently the UAL is calculated based on a 30-year amortization. This bill would calculate UAL based on layered amortization. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |
| HB 4734 | Monitor | Steve Marino (R) | Introduced and referred to Committee on Appropriations. | This bill would expand annuity options for public school employees. | MARSP is currently monitoring this bill and will take further action if necessary. | Click here for current bill status |