MIDLAND, Mich. — The Mackinac Center for Public Policy has released a new report discussing five ways to close the state’s badly underfunded public school employee pension plan. The report critically examines the notion that the “transition costs” of closing the fund are too high to realize fiscal savings.

The Mackinac Center for Public policy publishes Michigan Education Digest.

SOURCES:

The Mackinac Center for Public Policy, “Five Options for Addressing 'Transition Costs' When Closing the MPSERS Pension Plan,” March 12, 2012

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