Font size:
Mackinac Center research on the amount of money taxpayers have saved since the defined-benefit retirement system for new state employees was closed in 1997 was cited in a recent Wall Street Journal editorial.
The Journal writes about the reluctance of Republicans in the Michigan House to do the same with the school employees’ retirement system, which is underfunded by tens of billions of dollars. The Toledo Blade also cited this fact. And The Oakland Press ran a commentary by Senior Legislative Analyst Jack McHugh about the matter.
You can read more about the issue here, here and here.
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.
