Pension Fight Begins Now—Take Action Today!

We still don’t know the substance of a coming attack on the school employee pension system, but we know it’s coming – and we’ve also learned Republican leaders plan to move quickly once legislation is introduced.

That means we need to be quicker.

We need to start calling and emailing state House and Senate lawmakers NOW to oppose this latest effort.

Closing off new employees to a defined benefit system would cost billions of dollars, leave dedicated educators without a secure retirement, and worsen the growing teacher shortage.

We’ll have a better chance of defeating plans to dismantle MPSERS if we stay on message and share individual stories. Put the arguments above into your own words. Tell your story, and share what’s happening in your family, your town, your region, the state of Michigan. Do it today!

Pension Fight Begins Now—Take Action Today!

We still don’t know the substance of a coming attack on the school employee pension system, but we know it’s coming – and we’ve also learned Republican leaders plan to move quickly once legislation is introduced.

That means we need to be quicker.

We need to start calling and emailing state House and Senate lawmakers NOW to oppose this latest effort.

Closing off new employees to a defined benefit system would cost billions of dollars, leave dedicated educators without a secure retirement, and worsen the growing teacher shortage.

We’ll have a better chance of defeating plans to dismantle MPSERS if we stay on message and share individual stories. Put the arguments above into your own words. Tell your story, and share what’s happening in your family, your town, your region, the state of Michigan. Do it today!

MEA calls move to table school employee retirement changes ‘the right decision’

EAST LANSING — The Michigan Education Association is praising the Senate’s decision to table costly legislation that would have forced all new school employees into a defined contribution, 401(k)-style retirement plan.

“Tabling this discussion rather than ramming this legislation through is the right decision,” said MEA President Steven Cook. “Education leaders and fiscal experts agree that dismantling the school employee retirement system would have been bad for school employees, parents, kids and taxpayers.”

State budget experts say closing pension plan will cost taxpayers an extra $24 billion

UPDATE (11/30): Senate Fiscal Analysis of SB 102 shows significant costs for school districts

The Senate Fiscal Agency today testified in the Senate Appropriations Committee hearing that a proposal to dismantle the school employee retirement system would cost the state $1.6B to $3.8B over five years, as reported by the Detroit Free Press today.

Some Members Face Increased Retirement Deductions or Opt-Out Choice

Beginning in the first pay period of 2017, some school employees may have more money deducted from their paychecks for retirement savings unless they opt out during a small December window. Members who miss the December opt-out will have the withdrawal made from their first paycheck in January, but they can choose to opt out…