Senate Comes Back to Reconsider Teacher Changes

By: Associated Press
By: Associated Press

DETROIT (AP) -- Majority Republicans in the Michigan Legislature agree the weight of a $45 billion pension liability for public school employees will crush the system if left untended, but they differ on how to fix it.
The Senate is expected to consider a measure Wednesday that could be a compromise, pledging further action after the November election.
The Senate plans to consider a version of a bill previously passed by the House that would end state-provided health coverage in retirement for new hires and require current employees to pay more toward their pensions. The Senate rejected similar legislation last month.
Senate Majority Leader Randy Richardville says the financial effect of ending pensions for new hires is being studied. He says he expects lawmakers will review the findings and act before Thanksgiving.

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  • by Kelly Location: Jackson on Aug 14, 2012 at 05:59 PM
    These whimps in Lansing were 'hired' as our temp employees. If they can't or won't do the job that needs to be done, then we need to find people who will. Everyone knows what has to be done regarding the bloated, out-of-control State budget. Cuts, cuts, cuts. Not quite sure what happened to that 'one tough nerd' guy that was elected, but he sure turned out to be a whimpy dud. I think one of his biggest problems is the fact that he kept, as his financial advisor, one of Governor Jenny's yes-men. Andy Dillon should be one of the last people the Governor listens to regarding fiscal and econimic advice.
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