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Michigan Municipal League Applauds House Approval of Pension Investment Bill

Press Release

Contact:
Matt Bach
Michigan Municipal League
c: (810) 874-1073; mbach@mml.org

FOR IMMEDIATE RELEASE: March 1, 2022

Michigan Municipal League Applauds House Approval of Pension Investment Bill

ANN ARBOR, Michigan – The Michigan Municipal League is issuing the following statement about House Bill 5054, that was passed in the full House today. The bill would create a grant program and the opportunity for local units of government to access direct resources to address municipal pension debt. The statement can be attributed to League CEO and Executive Director Dan Gilmartin.

“We applaud today’s action by the state House in passing HB 5054 and thankful for state Representatives who made this effort possible. This bill would bring much needed relief to many of our communities and would significantly improve the capacity of all Michigan communities moving forward. We look forward to working with the state Senate to get approval in that Chamber as well.”

For additional information, contact Matt Bach, Michigan Municipal League assistant director of strategic communications, at mbach@mml.org and (810) 874-1073.

 

Michigan Municipal League is dedicated to making Michigan’s communities better by thoughtfully innovating programs, energetically connecting ideas and people, actively serving members with resources and services, and passionately inspiring positive change for Michigan’s greatest centers of potential: its communities. The League advocates on behalf of its member communities in Lansing, Washington, D.C., and the courts; provides educational opportunities for elected and appointed municipal officials; and assists municipal leaders in administering services to their communities through League programs and services. Learn more at mml.org.

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