MI teacher pension poverty claim warrants scrutiny

By   /  April 23, 2012  /  Education, Ethics, News, State Government  /  2 Comments

A Michigan fiscal policy expert says that a public school employee and spouse would be “barely” above the poverty level if they had to live on the school employee’s annual pension.

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Retired educator says he ‘would not have gone into teaching’ with proposed pension reform

By   /  April 20, 2012  /  Education, News  /  1 Comment

A retired Michigan teacher says he wouldn’t have gone into the profession had he known his payments for his health care in retirement were going to cost about $116 more a month than what he thought he’d have to pay.

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KEEGAN: Fed screams softly in warning about public pension crisis

By   /  April 18, 2012  /  Commentary, Failing States, WatchBlog  /  No Comments

Piggy bank

By Frank Keegan | State Budget Solutions
This is what it sounds like when the Federal Reserve Bank screams: “Much has been written about the various headwinds restraining economic activity over the near term. However, our economy also has other headwinds to confront over the medium- to-longer-term. … the finances of some state and local governments are [...]

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Teacher upset she can’t retire at 47, contributes to pension

By   /  April 18, 2012  /  Education, News  /  1 Comment

Terri List says she would tell her students not to become a teacher in Michigan.

Why?

One of the reasons is because the Saginaw Township Community School District English teacher won’t be able to retire at age 47 as she has hoped.

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COMMENTARY: MT gov can’t admit to union’s role in pension debacle

By   /  April 17, 2012  /  Featured, Power Abuse  /  No Comments

By Dustin Hurst | Franklin Center
HELENA — Montana Gov. Brian Schweitzer is a gifted politician where message discipline is concerned.
That can make life tough for a journalist.
Last week, Schweitzer told a room of reporters that he blames Republicans for blowing a $2.4 billion hole in Montana’s two largest pension programs, the Teachers Retirement System, or TRS, [...]

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