The Oakland Press in a story Thursday about the strain of government employee pension benefits on taxpayers cites Mackinac Center research on the matter. Our analysis shows that closing the defined-benefit pension plan to new state employees in 1997 has saved taxpayers up to $4.3 billion in unfunded liabilities.
You can read more about state and school employee pension reform here.
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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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