REVISE RECIPROCAL RETIREMENT ACT

House Bill 6113

Sponsor:  Rep. Howard Walker

Committee:  Government Operations

Complete to 12-2-08

A SUMMARY OF HOUSE BILL 6113 AS INTRODUCED 5-13-08

Under Section 4 of the Reciprocal Retirement Act a member of a reciprocal retirement system who leaves the employment of one reciprocal unit ("the preceding unit") and enters the employ of another governmental unit ("the succeeding unit") is entitled to a retirement allowance payable by the preceding reciprocal unit's retirement system under certain conditions.  One condition is that the member enter the employ of each succeeding unit within 15 years after the date of leaving the employ of each preceding unit.  House Bill 6113 would amend the act to require a member to enter the employ of each succeeding unit within 20 years after leaving the preceding unit.

MCL 38.1104

FISCAL IMPACT:

A fiscal analysis is in process.

                                                                                           Legislative Analyst:   E. Best

                                                                                                  Fiscal Analyst:   Al Valenzio

■ This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.