Retirement: other; MI secure retirement program board; establish. Creates new act. TIE BAR WITH: SB 0807’26
Key claim: Michigan Senate Bill 0808 would create a new act establishing the MI Secure Retirement Program Board to provide retirement savings options for workers.
Abstract
(SB0808 · 103rd Legislature) Retirement: other; MI secure retirement program board; establish. Creates new act. TIE BAR WITH: SB 0807’26 Latest action (2026-06-17): Referred To Committee On Economic Competitiveness
Why this matters
For Michigan workers without employer-sponsored retirement plans, a state-established program board would create new governance infrastructure to administer retirement savings options — a significant policy shift affecting private-sector workers, small employers, and the state’s role in retirement security. Paired with SB 0807, this would give Michigan a state-facilitated retirement savings framework similar to those adopted in other states.