Bill Text: MI SB1144 | 2013-2014 | 97th Legislature | Introduced
Bill Title: Retirement; public school employees; certain retirants' purchase of service credit for service performed at certain university reporting units; allow. Amends sec. 64 of 1980 PA 300 (MCL 38.1364).
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2014-11-13 - Referred To Committee On Reforms, Restructuring And Reinventing [SB1144 Detail]
Download: Michigan-2013-SB1144-Introduced.html
SENATE BILL No. 1144
November 13, 2014, Introduced by Senator HILDENBRAND and referred to the Committee on Reforms, Restructuring and Reinventing.
A bill to amend 1980 PA 300, entitled
"The public school employees retirement act of 1979,"
by amending section 64 (MCL 38.1364), as amended by 1989 PA 194.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
64. (1) If a person an
individual described in section
5(1)(d) later becomes a member of this retirement system, service
credit shall not be given for employment that is excluded in that
subdivision for purposes of determining a retirement allowance.
(2)
If a person an individual described in section 5(1)(b)
later becomes a member of this retirement system within 12 months
after the date of termination as a participant in a transitional
public employment program, service credit shall be given for
employment that is excluded in section 5(1)(b) for purposes of
determining
a retirement allowance upon on
the payment by the
person's
individual's employer under the transitional public
employment program from funds provided under the former
comprehensive employment and training act of 1973, Public Law 93-
203, as funds permit, to the retirement system of the
contributions, plus regular interest, the employer would have paid
had the employment been rendered in a position covered by this act.
During
the person's individual's employment in the transitional
public
employment program, the person's individual's employer shall
place in reserve a reasonable but not necessarily an actuarially
determined amount equal to the contributions that the employer
would have paid to the retirement system for those employees in the
transitional public employment program as if they were members
under this act, but only for that number of employees that the
employer determines would transfer from the transitional public
employment
program into positions covered by this act. If the funds
money provided under the former comprehensive employment and
training
act of 1973, Public Law 93-203, are is insufficient, the
remainder
of the employer contributions shall must be paid by the
person's
individual's employer under the transitional public
employment
program. If a person an
individual was not employed by a
reporting unit but performed services for that reporting unit under
a transitional public employment program and became a member of
this retirement system within 12 months after the date of
termination as a participant in the transitional public employment
program, service credit shall be given for that transitional public
employment program service in the manner provided in this
subsection. The reporting unit for which the transitional public
employment
program service was performed is the person's
individual's employer under the transitional public employment
program for the purposes of this subsection.
(3)
Before January 31, 1991, a person an individual excluded
from membership as provided by section 5(1)(a) who later becomes a
member
of this retirement system shall be is entitled to purchase
service credit for that service, as provided in subsection (6),
upon presenting acceptable proof of the service for the excluded
period.
(4)
Before Except as otherwise
provided in subsections (8) and
(9), before January 31, 1991, a member of the retirement system
with employment excluded from membership service under section
5(1)(c) or under section 23a(1)(c) of chapter I or section 12(2)(c)
of
chapter II of former Act No. 136 of the Public Acts of 1945
shall
be 1945 PA 136 is entitled to purchase service credit for
that
employment, as provided in subsection (6), upon on
presentation of documentation of the employment rendered that is
verified from official reporting unit records or other acceptable
documentation as determined by the retirement board. This
subsection only applies after June 30, 1987 if the employment being
purchased was performed while the person was enrolled as a graduate
student at the reporting unit and the employment consisted of 1 or
more of the following:
(a) Teaching.
(b) Research.
(c) Academic advising.
(d) Administration.
(e) Library work.
(f) Other employment of an academic or educational nature, as
determined by the board.
(5) Before January 31, 1991, a member of the retirement system
with out of system public education service or with service
described
in section 69c(1) that was performed while the person
individual was a full-time student, whether performed before, on,
or
after October 31, 1980, shall be is entitled to purchase
service
credit
for that service, as provided in subsection (6), upon on
presentation of documentation of the service rendered that is
verified from official payroll records or other acceptable
documentation
as determined by the retirement board pursuant to
under R 38.1119 of the Michigan administrative code. This
subsection only applies after June 30, 1987 if the employment being
purchased
was performed while the person individual
was enrolled as
a graduate student at a public college or public university and the
employment consisted of 1 or more of the following:
(a) Teaching.
(b) Research.
(c) Academic advising.
(d) Administration.
(e) Library work.
(f) Other employment of an academic or educational nature, as
determined by the board.
(6) Service credit shall not be given under subsection (3),
(4),
or (5), or (8) until the member or retirant, as applicable,
pays into the retirement system the actuarial cost. Service credit
shall
not be given under subsection (3), (4), or (5), or (8)
unless
the service being purchased is followed by 5 years of reporting
unit
service credit under this act or former Act No. 136 of the
Public
Acts of 1945. 1945 PA 136. Credit provided by subsection
(3), (4), or (5) shall not be used in satisfying the minimum of 10
years of service credit required under this act for a retirement
allowance.
(7)
A person An individual excluded from membership as
provided by section 5(1)(f), (g), (h), (i), (j), or (k) shall not
receive service credit for the employment described in those
subdivisions
even if the person individual
subsequently becomes or
has been a member of this retirement system.
(8) Until July 1, 2015, an individual who became a retirant
with a retirement allowance effective date on or after January 31,
1988 and on or before December 31, 1989 is entitled to purchase
service credit for service performed at a reporting unit that is a
university listed in the definition of public school employee under
section 6, as provided in subsection (6), on presentation of
documentation of the employment rendered that is verified from
official reporting unit records or other acceptable documentation
as determined by the retirement board. This subsection only applies
if the employment being purchased was performed while the
individual was enrolled as an undergraduate student at the
reporting unit and the employment consisted of 1 or more of the
following:
(a) Teaching.
(b) Research.
(c) Academic advising.
(d) Administration.
(e) Library work.
(f) Other employment of an academic or educational nature, as
determined by the board.
(9) The monthly retirement allowance of a retirant who
purchases service credit under subsection (8) must be recomputed
based on the additional service credit purchased. The recomputed
monthly amount is payable beginning the first day of the month
following the month in which payment for the additional service
credit is received by the retirement system.
