HOUSE BILL NO. 5989
A bill to amend 2017 PA 202, entitled
"Protecting local government retirement and benefits act,"
(MCL 38.2801 to 38.2812) by adding section 4a; and to repeal acts and parts of acts.
the people of the state of michigan enact:
Sec. 4a. If a retirement system has a retirement pension benefit, and if a retirement allowance beneficiary designated under the retirement system is a beneficiary of a trust established under 42 USC 1396p(d)(4)(A) or (C), the retirement allowance payable to the retirement allowance beneficiary may be paid by the retirement system to the trust on written direction to the retirement system by the retirant or, after the retirant is deceased, by the retirement allowance beneficiary or by the retirant's legal representative if the retirement allowance beneficiary is a minor or is incapacitated.
Enacting section 1. Section 2 of the protecting local government retirement and benefits act, 2017 PA 202, MCL 38.2802, is repealed.