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NEWS TIPS!RightMichigan.com
Who are the NERD fund donors Mr Snyder?Tweets about "#RightMi, -YoungLibertyMI, -dennislennox,"
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VICTORY!!! (MEA pension bonndoggle goes down in flames)By Theblogprof, Section News
From the freep this morning: Plan to boost some Michigan teacher pensions dies. For the record, the deal was to save $444 million by paying $4 billion over many years. Sounds like a heck of a deal, no? Well it was. Just that it was a heck of a deal for the MEA, and a raw deal for taxpayers. I had this to say about it in a prior post:
"This is really a winning situation for everyone," [communication director for the MEA Doug] Pratt said. "Schools get to pay the extra amount over the long haul and open spots for new teachers."We're coming up on graduation day, and there's a lot of homegrown talent that is going to leave the state if there are no jobs for them." (emphasis mine)Anyway, from the freep article today:
It's over for a plan to let retirement-age teachers clear out their desks withVictory!!!! Still, there are some puzzling questions that need to be answered. My primary question is why Sen. Kuipers supported this boondoggle so fervently. That's the headscratcher. Also, how did anyone outside the MEA think this was a good idea? I mean - really.
Previously: MEA Pension Boondoggle Awaiting Action
VICTORY!!! (MEA pension bonndoggle goes down in flames) | 1 comment (1 topical, 0 hidden)
VICTORY!!! (MEA pension bonndoggle goes down in flames) | 1 comment (1 topical, 0 hidden)
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Related Links+ Plan to boost some Michigan teacher pensions dies+ MEA Pension Boondoggle Awaiting Action + Fuzzy Math in the MEA Pension Boondoggle + It's Baaaack! - the MEA Pension Boondoggle + MEA Boondoggle back in the News + Kuipers/ME A pension boondoggle moving forward + More on that MEA pension boondoggle + MLive: Union, Granholm pitch different plans to buyout teachers + MEA to MI: save money by making pension problem worse! + Also by Theblogprof |