Opinion: Pouring pensions into potholes is too great a risk
A pension is a promise of a secure retirement. But too often in Lansing, they’re viewed as piggy banks to be broken into for political purposes.
As a young educator, I remember then-Gov. John Engler diverting state payments from the Michigan Public School Employees Retirement System to fund other priorities — which accelerated us down a road of unfunded pension liabilities.