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Op-Eds in the Tallahassee Democrat and Orlando Sentinel about public-sector pension reform in Florida both reference a Mackinac Center study from 2011 that shows closing the state employees’ defined-benefit retirement fund to new hires in 1997 has saved Michigan taxpayers up to $4.3 billion in unfunded liabilities.
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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.
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