MASA launches online Retirement Reform Resource Center

 

Retirement Reform Resource Center

With rising health care costs and unfunded liabilities in the public school employee pension system, action must be taken to rein in costs and guard against a system collapse.   To that end, the legislature will begin debate this week on legislation to significantly reform Michigan’s state employee and public school employee retirement systems.  While this plan is not perfect, it is the most comprehensive proposal that has been seriously considered by the legislature in many years.

MASA has received numerous questions about this proposal.  In response, we have developed a Retirement Reform Resource Center  to help answer your questions and to assist you in handling the various staff-related situations that may arise as these bills move forward.  In the resource center you will find :

• Retirement proposal analysis by plan
• Legislation line-by-line
• Retirement legislation FAQ
• Eligible retiree count by district
• MSPERS retirement powerpoint
• MSPERS retirement system data by county
• Senate Bill 1227 analysis
• House Bill 5953 analysis
• DMB overview
• State budget analysis

 

Please click her to be directed to the MASA Retirement Reform Resource Center.