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Video

Teacher Pension Reform: The Myth of 'Transition Costs'

By Dan Armstrong, published on July 3, 2012

The Michigan Senate and House have proposed two separate bills to reform the school pension system, which is billions underfunded. Which one is best for ensuring retirees receive what they were promised? Assistant Director of Fiscal Policy James Hohman talks about the costs and options for fixing the old, expensive system.

More by Dan Armstrong

Michigan Legislature Passes Right-to-Work Bills
The Murky Role of MERC in SEIU Scheme

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