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A bill analysis of the Senate legislation conducted by the Senate Fiscal Agency found that on top of Michigan’s current $49 billion worth of unfunded pension liabilities to pay off, “other ...
Michigan retirees must work with Schedule 1 and the Michigan Pension Schedule, ... Michigan's tax change went into place on Feb. 13, he said, and some tax software being used directly by tax ...
In 2025, the age at which you become eligible to claim 100% of the retirement benefit calculated from your lifetime earnings will arrive for people born May 2, 1958, through Feb. 28, 1959. That ...
CPI-W inflation increased 2.5% in the third quarter of 2024, so Social Security benefits received a 3.2% COLA in 2025. The following chart shows how much additional monthly income, on average ...
The fiscal year 2024-2025 budget was passed last July and totaled $82.5 billion, including a general fund total of $15 Whitmer prepares funding priorities for upcoming state budget Skip to main ...
The big Social Security news from the last couple of months has been the 2025 COLA, which came in at 2.5%. ... New Year, New Rules: 5 Major Social Security Changes for 2025. Kailey Hagen, The ...
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LANSING — Gov. Gretchen Whitmer's 2025 state budget proposes adding about 588 full-time employees to the payroll and would bring the authorized state workforce to its highest level in more than ...