Mackinac Center research on the amount of money taxpayers have saved since the defined-benefit retirement system for new state employees was closed in 1997 was cited in a recent Wall Street Journal editorial.

The Journal writes about the reluctance of Republicans in the Michigan House to do the same with the school employees’ retirement system, which is underfunded by tens of billions of dollars. The Toledo Blade also cited this fact. And The Oakland Press ran a commentary by Senior Legislative Analyst Jack McHugh about the matter.

You can read more about the issue here, here and here.

Share More …