evidence_text: Representative Allor moved to adopt the meeting minutes from May 5, 2021 at 2:30 p.m. There being no objection, the motion prevailed by unanimous consent. At 9:03 AM, the Chair laid the committee at ease. At 9:05 AM, the Chair called the committee back to order. The Chair laid HB 4733 and HB 4734 before the committee: HB 4733 (Rep. Sabo) A bill to amend 1943 PA 240, entitled "State employees' retirement act," by amending section 58 (MCL 38.58), as added by 1996 PA 487. HB 4734 (Rep. Marino) A bill to amend 1980 PA 300, entitled "The public school employees retirement act of 1979," by amending section 127 (MCL 38.1427), as amended by 2017 PA 92. Representative Sabo and Representative Marino testified on the bills. Questions and discussion followed. The following person submitted a card in support of HB 4733, but did not wish to speak: Jeremy Tripp, representing the SEIU 517. The following person submitted a card in support of HB 4733 and HB 4734, but did not wish to speak: Marcia Hune, representing the Life Insurance Association of Michigan Aaron Keel and Greg Parker, representing the Michigan Department of Treasury submitted a testimony card in opposition to HB 4733 and HB 4734 and wished to speak. Ryan Frost, representing the Reason Foundation, testified in support of HB 4733 and HB 4734. Questions and discussion followed. Ray Scholtz, representing the Michigan Corrections Organization, testified in support of HB 4733 and HB 4734. There being no further business before the committee, Rep. Thomas Albert adjourned the meeting at 9:28 AM. Representative Thomas Albert, Chair Matt Carnagie Committee Clerk mcarnagie@house.mi.gov