The Oakland Press in a story Thursday about the strain of government employee pension benefits on taxpayers cites Mackinac Center research on the matter. Our analysis shows that closing the defined-benefit pension plan to new state employees in 1997 has saved taxpayers up to $4.3 billion in unfunded liabilities.

You can read more about state and school employee pension reform here.


Related Articles:

Pension Systems Hurt Workers, Taxpayers

State's Cost of Teacher Pension System Quintuples

Other Michigan Cities in Pension Debt

Fixing Michigan's Budget-Killing School Employees' Pension Up in the Air

How Politicians Game the Pension System

Pension Reform Failure Cost Michigan Taxpayers $6 Billion or More

Share More …