SB511 — Retirement: public school employees; unfunded actuarial accrued liability contribution amount for a university reporting unit; modify. Amends sec. 41 of 1980 PA 300 (MCL 38.1341).

SB511 — Retirement: public school employees; unfunded actuarial accrued liability contribution amount for a university reporting unit; modify. Amends sec. 41 of 1980 PA 300 (MCL 38.1341). · Informed CitizenryThis bill amends the Public School Employees Retirement Act of 1979 to modify the calculation of unfunded actuarial accrued liability (UAAL) contribution amounts, specifically for university report…Open in Informed Citizenry