Legislation to compel thousands of public employees -- including those who work in education -- to retire by July 1 is headed for the state House following a Wednesday vote in the Senate.
The Senate passed Senate Bill 1227, which would require those who don't retire by October to pay as much as 3 percent more of their salary toward the pension system.
Senate Bill 1227 does not include an increased multiplier, as originally proposed by Gov. Jennifer Granholm. The bill passed with 21 Republican votes and a lone Democratic vote -- one Republican voted against the bill, along with the rest of the Democrats.
This legislation will not solve Michigan's budget crisis. Contact your Representative today!
Why I Chose a Union Voice at Thrillist
9 years ago
The only thing left in the Senate version is the "stick" with the 3% increase to the pension. What happened to the "carrot" of the increase 1.6% multiplier?
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