House Bill No. 5021, entitled
A bill to amend 1980 PA 300, entitled “The public school employees retirement act of 1979,” by amending section 81d (MCL 38.1381d), as amended by 2017 PA 92.
The question being on the passage of the bill,
Senator Johnson offered the following amendments:
1. Amend page 1, line 1, after “subsection” by striking out “ (8) ” and inserting “ (9) ”.
2. Amend page 3, line 13, after “ (6) ” by striking out “ A ” and inserting “ Except as otherwise provided in subsection (7), a ”.
3. Amend page 3, following line 24, by inserting:
“ (7) If, at the end of a state fiscal year, there is unfunded actuarial accrued liability associated with members described under subsection (6), a qualified participant who first becomes a qualified participant and first works for a reporting unit after the fiscal year who does not make an election for any reason on or before the close of the election period is considered to have made an election to become only a qualified participant in Tier 2. ” and renumbering the remaining subsections.
The question being on the adoption of the amendments,
Senator Theis requested the yeas and nays.
The yeas and nays were ordered, 1/5 of the members present voting therefor.
The amendments were not adopted, a majority of the members serving not voting therefor, as follows: