Informing the Legislature that on June 24, 2026, the Governor signed the following bill into law: SB3096 SD1 HD1 CD1 (ACT 134).

This bill, signed into law by the Governor on June 24, 2026, establishes a schedule for increasing the amount public employers must contribute to the Employees' Retirement System. It specifically raises the contribution rates for police, firefighters, and corrections officers from 41% to 44% of their compensation, while keeping the rate for all other employees at 24%. These changes are designed to gradually pay down the unfunded liability of the retirement plan over time. The new rates apply to fiscal years beginning in 2026 and continuing indefinitely.