Michigan Capitol Confidential today reports on a retired teacher who is highlighted in a union publication saying he wouldn’t have gone into teaching had he known his payments for retiree health care would increase about $116.
Huron Valley retiree Jim Pierson told the MEA he “sacrificed lower pay for greater security” when he went into teaching. Education Policy Director Michael Van Beek pointed out that a teacher in Huron Valley at the top of the pay scale with a master’s degree earns $70,260 after 30 years of service and would get a pension of $31,500 a year with 3 percent annual increases. Van Beek also estimated Pierson's retiree health care premiums would increase about $116 a month under proposed legislation.
CapCon earlier wrote about a teacher who said she was upset because she couldn’t retire at age 47.
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.