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    Who are the NERD fund donors Mr Snyder?

    Raise the curtain.

    Why is Sen. Kuipers still doing the bidding of the MEA?


    By EducationActionGroupdotOrg, Section News
    Posted on Sat Mar 14, 2009 at 04:28:31 PM EST
    Tags: MEA Education Action Group (all tags)

    cross posted from Reform Watch

    We were told by several sources that the MEA's pension bill was going to die this past week.  Apparently, Sen. Kuipers is doing whatever it takes to get the turkey passed.

    At a committee hearing Thursday, an amended version was revealed that made the pension increase a little smaller, but will still end up costing more than it claims to "save."

    From an Mlive.com AP article:

    The MEA initially proposed boosting pensions by one-third by raising the multiplier to 2 percent. But that was criticized as being too expensive.

    We will ask our original question again...who is in charge in Lansing: elected officials or interest groups?

    And why is Sen. Kuipers so hot-to-trot to ram this thing through?  The governor (a huge recipient of MEA political money) is opposed and many school officials are opposed.  Heck, even a local union president drove all the way to Lansing to speak out against the plan.

    Steve Goff, [Meridian Education Association president,] who teaches economics, government and history at Meridian High School in Sanford, visited Lansing Thursday to testify against the MEA's initial proposal.

    He called it a "massive" benefit for a select group of teachers.

    But don't think Mr. Goff is looking out for taxpayers.  He wants pensions boosted for all teachers-not just those with 30 years worked.

    We are still befuddled as to why Sen. Kuipers would be fighting so hard to get such a foolish plan passed.  We'll provide our theories at a later date.

    Nevertheless, it stands poised for approval next Thursday, it seems.  The AP story indicates fiscal analysts haven't finished reviewing the legislation.  Let us guess: they'll finish Thursday morning, just in time for the committee hearing...

    < The Weekend in the Sphere | I too hope he fails >


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    Caught the very same thing this morning (none / 0) (#1)
    by Theblogprof on Sat Mar 14, 2009 at 10:53:20 PM EST
    Fuzzy Math in the MEA Pension Boondoggle

    "Maybe Pratt thinks we're too dumb to notice, but this proposal doesn't create a single new job. It's a retread of existing jobs in teaching. The same number of teachers remain. The theory of the MEA proposal is that the new teachers will make less than current teachers, and that that will save the district money. However, in addition to the new teachers' lower salaries, the districts will have to pay for the old teachers retirement benefits including healthcare. In a few years, the freshman teachers will climb the salary ladder and you will have the same problem you have now in addition to a bunch of retired teachers that you are paying for as well. How is this "a winning situation for everyone" again? The only benefit of this proposal is to the MEA. There is no way around the math no matter how long they stretch out the supposed pay-back period. Even there, spreading the cost out over 30 years rather than 5 is a false premise in itself because they don't put healthcare into the numbers. Any way you slice it, it's long term pain for short-term gain, even though the latter isn't true in and of itself!"

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