Teachers would have to pay to keep their pensions

By: Associated Press Email
By: Associated Press Email

Most teachers and other public school employees could see more than 10 percent of their paychecks go to retirement costs next school year.

The change would come under legislation that takes some of the
burden for retiree benefits off school districts' shoulders.

Teachers unions and public retiree groups say it's just one more
attempt by Republican lawmakers to shift the cost for retiree benefits to current and former teachers.

Michigan Education Association spokesman Doug Pratt says the
move "is not very fair."

Supporters say a quarter of school districts' budgets now go to
cover pension costs, an amount that will climb 3 percentage points
next school year if nothing is done.

Michigan has $45 million in unfunded liabilities for school
employees' pensions and retiree health care.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
WNDU - Channel 16 54516 State Road 933 South Bend, IN 46637 Front Desk: 574-284-3000 Newsroom: 574-284-3016 Email: newscenter16@wndu.com
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 145348705 - wndu.com/a?a=145348705
Gray Television, Inc.