Senate Committee Passes Michigan Public School Teacher Retirement Changes
Teacher retirement changes are charging through the legislature. A Senate committee held a meeting on the legislation today Wednesday.
After a heated committee meeting, lawmakers narrowly passed the legislation through the committee 9 votes to 8. A vote in the full Senate chamber stalled.
Amber McCann is a spokesperson for Senate Majority Leader Arlan Meekhof. She says some caucus members still have questions.
“You know this is not our last day, it’s not our last week, it’s not our lame duck. We have another day this week, we have a few more days of session left before we call it good for the year.”
The series of bills would change the current hybrid system of pension and 401(k) benefits to just a 401(k) plan for all new teachers.