Thursday, March 14, 2013

House GOP Not Passing Senate Bill Continues Lansing Tradition Of Underfunding Pensions

Commentary: House GOP Not Passing Senate Bill Continues Lansing Tradition Of Underfunding Pension ... [Michigan Capitol Confidential]:
This comes just six months after House Republicans failed to enact a Senate-passed bill that would have closed this system to new employees.
That transformational reform would have contained the underfunding problem and eventually eliminated politicians' abilities to create new unfunded liabilities.

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