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  2. Legislation seeking expansion of Michigan pensions stalls - AOL

    www.aol.com/news/legislation-seeking-expansion...

    “We have suffered from a massive teacher shortage and one of the biggest reasons is we don't have a good retirement system for teachers,” Koleszar said. House Bill 6060 also dealt with state ...

  3. Gov. Whitmer signs bill cutting what teachers contribute to ...

    www.aol.com/gov-whitmer-signs-bill-cutting...

    House Bill 5803 eliminates a 3% contribution Michigan public school teachers pay toward retiree health care benefits. It applies to teachers hired before Sept. 4, 2012 who are the only ones ...

  4. Putting in their papers: Michigan teachers retiring at ... - AOL

    www.aol.com/news/putting-papers-michigan...

    With the rapid rise in teacher retirements in Michigan, one could surmise a rise in gold watch sales will follow. Data released from the Michigan Public School Employees' Retirement System shows a ...

  5. Tom Leonard (Michigan politician) - Wikipedia

    en.wikipedia.org/wiki/Tom_Leonard_(Michigan...

    In 2017, Leonard secured reforms to Michigan's underfunded teacher pension system [59] after a long standoff with the governor. [66] Gov. Rick Snyder did not support that plan, [67] but Leonard and his legislative partners eventually won a change described as the “most innovative teacher pension reform in the nation.” [68]

  6. List of largest pension schemes in the United States - Wikipedia

    en.wikipedia.org/wiki/List_of_largest_pension...

    This list of largest pension funds in the United States involves two main ... New York State Teachers: $115,637 $115,637 94.2% ... Michigan Retirement: $75,550 ...

  7. Michigan Office of Retirement Services - Wikipedia

    en.wikipedia.org/wiki/Michigan_Office_of...

    The State of Michigan provides a pension for all former members of the Michigan National Guard (Army or Air) who meet specific eligibility requirements. [13] To receive the benefit, applicants must have reached age 55, separated from service, and have served a minimum of 19 years, 6 months and 1 day of active service in the State Defense Forces ...

  8. Michigan retirees run into some early software roadblocks and ...

    www.aol.com/michigan-retirees-run-early-software...

    One Michigan retiree is stumped by his tax software when trying to use new pension tax rules for Michigan, but company says a fix is on the way. ... 1958, may subtract qualifying retirement and ...

  9. Public employee pension plans in the United States - Wikipedia

    en.wikipedia.org/wiki/Public_employee_pension...

    In another study, Equable Institute found that the total lifetime value of teacher pension benefits have declined by $100,000 on average (13%) since 2005. A teacher hired for the 2005 school year can expect to earn $768,000 in retirement benefits, where as a teacher hired for the 2023 school year can expect to earn $668,000. [19

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