Retirement: other; MI secure retirement program board; establish. Creates new act. TIE BAR WITH: SB 0807'26

SB 808 creates the Secure Retirement Savings Board within Michigan's Department of Treasury to oversee a new retirement savings program. The board will have seven members, including the state treasurer as chair, two public experts appointed by the governor, and representatives from employers and enrollees. This bill establishes the board's structure and appointment process but does not take effect unless companion bill SB 807 is enacted. The summary focuses solely on the board's creation, as the bill is procedural rather than describing specific retirement program rules.