The Michigan Education Association protested in Lansing yesterday to demand more taxpayer money for the public school system and to protest recent public school pension reforms. But the pension reforms will allow districts to have more resources to devote to improving education.

Recently passed pension reforms require employees to contribute an additional 3 percent to the cost of their own retirement. Taxpayers are still required to add the other 16 percent of this benefit. The law doesn't require these contributions to be used for lowering the "employer contribution," but that's how officials chose to administer it this year. This decrease in the employer, or school district, contribution is the equivalent of a 2.6 percent increase in the minimum foundation allowance, a hefty amount considering the poor state of the economy.

~~~~~

Related Articles:

Worker’s Choice: Freeing Unions and Workers From Forced Representation

How Pensions Are Bankrupting Cities and States and How to Fix It

This Fall Will Be the First Time There are Fewer Charter Schools

Major Sectors Growing as Michigan Unemployment Hits 15-Year Low

Legacy Society

Study: $15-An-Hour Minimum Wage Would Kill 281,000 Michigan Jobs