Retirement: state employees; membership in the retirement system of certain law enforcement officers first hired after certain date; provide for, and allow for purchasing service credit for certain law enforcement officers' service under the state employees' retirement system. Amends 1986 PA 182 (MCL 38.1601 - 38.1674) by adding secs. 24c, 24d & 24e. TIE BAR WITH: SB 0165'23, SB 0166'23

This bill allows certain Michigan law enforcement officers hired after a specific date to purchase retirement credit for their prior service as state employees. To qualify, eligible officers must pay an amount calculated by the retirement system's actuary to cover the value of that previous work, provided they are not already receiving a pension for the same time period. The legislation permits officers to make these payments in installments using either tax-deferred contributions or additional payments, with a deadline of May 30, 2025, to start the process and a four-year window to finish paying. If an officer completes the purchase, the time worked as a state employee will count toward their retirement benefits under the new law.