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Category: Retirement News

Pension tax repeal on deck, Whitmer and legislative leaders announce

Pension tax repeal on deck, Whitmer and legislative leaders announce

Editor’s note: Lawmakers need to hear from you! Please take a few minutes to contact your state senator and representative and urge them to support Gov. Whitmer’s proposal to repeal the unfair tax on retired educators’ pensions. After a long 11 years, retired educators may soon experience relief from the unfair retirement tax imposedon them […]

January 13, 2023January 24, 2023
by MEA-RB
Appeals Court Denies Interest in 3% Case

Appeals Court Denies Interest in 3% Case

The Michigan Court of Appeals has ruled that school employees who had 3 percent of their salary illegally withheld by the state from 2010-12 are not entitled to be paid additional interest on the money. The decision is the latest twist in a long-running legal saga that grew out of the 3 percent case, which […]

October 19, 2020November 30, 2020
by Miriam Garcia
NEW HIRES: Sign Up for Free MEA Training on Mandatory Retirement Selection

NEW HIRES: Sign Up for Free MEA Training on Mandatory Retirement Selection

If you are a brand new school employee, or know someone who is, be aware that state law requires newly hired school employees in Michigan to select between two retirement plan choices within 75 days after their first payroll date—or the state will choose for them. And once a selection is made, it can’t be […]

September 30, 2020December 4, 2020
by Miriam Garcia
Opinion: Pouring pensions into potholes is too great a risk

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 […]

August 21, 2019August 21, 2019
by Miriam Garcia

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