Home / News / State News / Michigan Legislature Back To Work
Frank A. Douglass Insurance Agency

Michigan Legislature Back To Work

Michigan lawmakers return to work this week to begin their final nine days of sessions.

One of the issues to be debated is a fight between Republicans and Democrats and organized labor on how much more retirees should pay for their pension health care costs and/or if public employees should be moved into 401 K-style plans.

Unfunded liabilities in public pension plans are a huge financial issue.

A report by Michigan State University earlier this year showed Michigan cities owe nearly $10 billion in unfunded pension and health care costs.

Governor Rick Snyder is concerned that the debt needs to be reduced, but indicated last week, his office isn’t putting out any big proposals.

Check Also

Whitmer Pardons Turkey

For the first time, Michigan Governor Gretchen Whitmer has pardoned a turkey in advance of …

[sam id="3" codes="true"]