MEMBERS:
SEN. ARIC NESBITT, MAJORITY VICE CHAIR
SEN. KEVIN DALEY
SEN. JON C. BUMSTEAD
SEN. CURTIS S. VANDERWALL
SEN. STEPHANIE CHANG, MINORITY VICE CHAIR
SEN. BETTY JEAN ALEXANDER
THE SENATE
COMMITTEE ON FINANCE
SENATOR JIM RUNESTAD
CHAIR
7500 BINSFELD OFFICE BUILDING
P.O. BOX 30036
LANSING, MICHIGAN 48909-7536
PHONE: (517) 373-1758
FAX: (517) 373-0938
COMMITTEE MEETING MINUTES
February 24, 2021
A meeting of the Senate Committee on Finance was scheduled for Wednesday, February 24, 2021, at 12:00
p.m., in room 403 of the Capitol Building.
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The agenda summary is as follows:
1. Presentation by the Michigan Municipal League regarding Other Postemployment Benefits
(OPEB) and Pension Systems 2017 Reforms.
__________________________________________________________________________________________
The Chair called the meeting to order at 12:05 p.m. He instructed the Clerk to call the roll. At that time, the
following members were present: Chairman Runestad, Sen.(s) Nesbitt, Daley, Bumstead, VanderWall, Chang,
and Alexander, a quorum was present.
The Chair entertained a motion by Sen. Nesbitt to adopt the meeting minutes from February 17, 2021. Without
objection, the minutes were adopted.
The Chair invited Chris Hackbarth, Director, State & Federal Affairs, Michigan Municipal League, to give the
committee a presentation on Other Postemployment Benefits (OPEB) and Pension Systems 2017 Reforms.
Member questions and discussion followed.
There being no further business before the committee, the Chairman moved to adjourn the meeting. Without
objection, the committee was adjourned at 12:44 p.m.
Date Adopted by Committee: 03/03/2021
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