Tag Archive for Liabilities

Teacher Pension Reform

Something that should have happened decades ago, might happen soon.

brandenburgState Senator Jack Brandenburg posted this on FB today.

Facebook has somehow supplanted blogging and other online information sources.  I have a post upcoming for this.  In the meantime, I’m passing this along as a public service.

Dear Friends,

Hundreds of teachers have been emailing and calling my office regarding Senate Bill 102, which changes the teacher retirement plan. It has become very obvious to me that they have been misinformed.

First and foremost, if you are a current or retired educator, your pension benefit will not change one bit. You will not lose one cent. Your pensions are guaranteed and protected by the Michigan State Constitution. Once again, current teacher’s and retiree’s pensions are protected, every single cent.

You Betcha! (8)Nuh Uh.(0)