Learn more about the pension problem at: www.mackinac.org/pensions

The non-profit Michigan Association of School Administrators, which advocates for conventional public schools, sent out a handout that claimed the reforms to the public school employee pension system that started in 2008 are working.

The handout stated: “Since 2008, the state of Michigan has made three significant reforms to reduce pension costs. These reforms worked, considerably decreasing normal costs. However, liabilities that accrued prior to these reforms are now significantly underfunded and still represent the bulk of the state’s and school districts’ pension costs.”

ForTheRecord says: Since the 2010 reforms, unfunded liabilities in the Michigan Public School Employees Retirement System have increased from $12.0 billion to $29.1 billion.

The Michigan Association of School Administrators gets some of its money from membership fees paid by many of the 700 public school districts in Michigan. For example, Lansing Public Schools paid MASA $2,787 in fees in 2015-16.

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Renting out the family summer cottage is a common practice in Michigan, and with today’s technologies, it’s easier than ever, empowered by services like AirBnB, HomeAway, VRBO and more. These short-term rentals mean vacationers can find a place much more easily and inexpensively, while owners can earn some extra money. It seems like a win-win. Not everyone agrees. Some in the accommodations and tourism industries aren’t happy with the increased competition and are advocating for limiting people’s rights to rent out their homes. Some homeowner associations are pushing back as well. And while cities like Detroit and Grand Rapids have mostly embraced home sharing, some local governments have restricted and even banned the practice.

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