2019 House Bill 4275

Add annuities to state employee retirement savings options

Introduced in the House

Feb. 28, 2019

Introduced by Rep. Thomas Albert (R-86)

To offer state employees the same employee-owned annuity option required by the <a href="http://www.michiganvotes.org/2017-SB-401">2017 law</a> that made defined-contribution retirement benefits the default for new school employees.

Referred to the Committee on Financial Services

June 12, 2019

Reported without amendment

Refer to the Committee on Appropriations with the recommendation that the substitute (H-1) be adopted.

Referred to the Committee on Appropriations

Jan. 22, 2020

Reported without amendment

With the recommendation that the substitute (H-6) be adopted and that the bill then pass.

Feb. 6, 2020

Amendment offered by Rep. John Cherry (D-49)

The amendment failed by voice vote

Amendment offered by Rep. John Cherry (D-49)

The amendment failed by voice vote

Amendment offered by Rep. John Cherry (D-49)

The amendment failed by voice vote

Feb. 18, 2020

Passed in the House 59 to 48 (details)

Received in the Senate

Feb. 19, 2020

Referred to the Committee on Appropriations