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Newly hired school employees would automatically be enrolled in a 401(k)-only retirement plan unless they opt out within 75 days and instead choose a…
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Certain employees retired from government work would get a tax break under legislation up for likely approval in the Michigan Senate.The bill scheduled…
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Republicans who control the Michigan Legislature have introduced long-expected legislation to close the school employees' pension system to new hires and…
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Gov. Rick Snyder is going after Michigan’s mountain of unfunded retiree liabilities. He has created a task force to look into “responsible retirement…
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The Michigan Supreme Court begins hearing arguments today involving two disputed laws passed during the first term of Governor Rick Snyder.First, justices…
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From the Detroit bankruptcy to a high-profile lawsuit against phone giant Verizon, pensions are in the news lately. With all the talk about pensions being…
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Fewer Americans enjoy the benefits of a pension in retirement. The recession wiped out so much invested wealth, enough of it earmarked for public workers’…
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A class-action lawsuit has been filed on behalf of retired public employees against the state for extending Michigan’s income tax to pensions. As The…
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State workers would no longer have to fork out four-percent of their salaries to keep their pensions if a judge’s ruling stands. An Ingham County Judge…