HOUSE BILL No. 5147 November 30, 1999, Introduced by Reps. DeWeese, Sheltrown, Bovin, Schauer, Shackleton, Mortimer, Voorhees, Tabor, Green, Howell, Julian, Koetje, Ehardt, Garcia, Martinez and DeHart and referred to the Committee on Appropriations. A bill to amend 1943 PA 240, entitled "State employees' retirement act," (MCL 38.1 to 38.69) by adding section 20i. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 20I. (1) EFFECTIVE OCTOBER 1, 2000, THE MONTHLY 2 RETIREMENT ALLOWANCE PAYABLE TO A RETIRANT OR RETIREMENT ALLOW- 3 ANCE BENEFICIARY WHOSE RETIREMENT ALLOWANCE EFFECTIVE DATE WAS 4 BEFORE OCTOBER 1, 1996, AS RECALCULATED PURSUANT TO SECTION 19(2) 5 AND 20(6), IS SUPPLEMENTED AS FOLLOWS: 6 EFFECTIVE DATE OF RETIREMENT PERCENT OF INCREASE 7 OCTOBER 1, 1995 TO SEPTEMBER 30, 1996 1 8 OCTOBER 1, 1994 TO SEPTEMBER 30, 1995 2 9 OCTOBER 1, 1993 TO SEPTEMBER 30, 1994 3 10 OCTOBER 1, 1992 TO SEPTEMBER 30, 1993 4 03763'99 TJS 2 1 OCTOBER 1, 1991 TO SEPTEMBER 30, 1992 5 2 OCTOBER 1, 1990 TO SEPTEMBER 30, 1991 6 3 OCTOBER 1, 1989 TO SEPTEMBER 30, 1990 7 4 OCTOBER 1, 1988 TO SEPTEMBER 30, 1989 8 5 OCTOBER 1, 1987 TO SEPTEMBER 30, 1988 9 6 OCTOBER 1, 1986 TO SEPTEMBER 30, 1987 10 7 OCTOBER 1, 1985 TO SEPTEMBER 30, 1986 11 8 OCTOBER 1, 1984 TO SEPTEMBER 30, 1985 12 9 OCTOBER 1, 1983 TO SEPTEMBER 30, 1984 13 10 OCTOBER 1, 1982 TO SEPTEMBER 30, 1983 14 11 OCTOBER 1, 1981 TO SEPTEMBER 30, 1982 15 12 OCTOBER 1, 1980 TO SEPTEMBER 30, 1981 16 13 OCTOBER 1, 1979 TO SEPTEMBER 30, 1980 17 14 OCTOBER 1, 1978 TO SEPTEMBER 30, 1979 18 15 OCTOBER 1, 1977 TO SEPTEMBER 30, 1978 19 16 BEFORE OCTOBER 1, 1977 20 17 (2) THE RECALCULATED RETIREMENT ALLOWANCE SHALL BE THE BASIS 18 ON WHICH FUTURE ADJUSTMENTS TO THE ALLOWANCE ARE CALCULATED. 19 (3) THE SUPPLEMENT PROVIDED BY THIS SECTION SHALL BE CALCU- 20 LATED PURSUANT TO SUBSECTION (1), SHALL BE BASED ON THE AMOUNT OF 21 RETIREMENT ALLOWANCE THAT WOULD HAVE BEEN PAID WITHOUT APPLICA- 22 TION OF SECTION 20(2), AND SHALL BE PAID BY JANUARY 1, 2001. THE 23 RETIREMENT ALLOWANCE OF A RETIRANT WHO DIES BEFORE JANUARY 1, 24 2001 AND WHO HAS NOT NOMINATED A RETIREMENT ALLOWANCE BENEFICIARY 25 PURSUANT TO SECTION 31 SHALL NOT BE SUPPLEMENTED PURSUANT TO THIS 26 SECTION. 03763'99 Final page. TJS