SB911 — Retirement: public school employees; certain required annual contributions; modify. Amends secs. 41 & 43e of 1980 PA 300 (MCL 38.1341 & 38.1343e).

SB911 — Retirement: public school employees; certain required annual contributions; modify. Amends secs. 41 & 43e of 1980 PA 300 (MCL 38.1341 & 38.1343e). · Informed CitizenryThis bill amends the Public School Employees Retirement Act of 1979 to modify how retirement contributions and assumptions are calculated. Key changes include: 1. **Contribution Calculations**: I…Open in Informed Citizenry