HB 4264 of 2021 Posted on December 16, 2022 by Retirement: state employees; method to calculate unfunded actuarial liability; revise. Amends secs. 7, 20g, 38, 49 & 68b of 1943 PA 240 (MCL 38.7 et seq.). Last Action: 12/8/2022 – presented to the Governor 12/13/2022 11:02 AM