Font size:
An Op-Ed in the Orange County Register about public-sector pension reform in California cites a recent Mackinac Center study that found switching state employees hired after 1997 from a defined-benefit retirement system to a defined-contribution system has saved Michigan taxpayers as much as $4 billion in unfunded liabilities.
Get insightful commentary and the most reliable research on Michigan issues sent straight to your inbox.
The Mackinac Center for Public Policy is a nonprofit research and educational institute that advances the principles of free markets and limited government. Through our research and education programs, we challenge government overreach and advocate for a free-market approach to public policy that frees people to realize their potential and dreams.
Please consider contributing to our work to advance a freer and more prosperous state.
