Michigan teacher pension reform forging ahead

WSYMPublished: June 13, 2017Updated: June 14, 2017
Published: June 13, 2017Updated: June 14, 2017

Michigan Governor Rick Snyder and GOP legislative leaders are expecte to finalize the teacher pension reform plan and finish the 2018 state budget by the end of the month. The plan would guide new hires toward 401(k)-style retirement savings accounts but not fully eliminate a "hybrid" pension option.

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