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Local pension bill heads to governor

Matthileo
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Credit Matthileo / Flickr - http://j.mp/1SPGCl0
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Flickr

The Legislature has sent Governor Rick Snyder a set of local retirement bills that passed by wide margins once they were stripped of controversial provisions.

The bills stalled last week as local governments and public employee unions protested measures that would give the state sweeping authority over local budgets. 

Those were taken out, and now local governments will have their retirement plans assessed by the state Treasury, says state Senate Majority Leader Arlan Meekhof, R-West Olive.

“And then folks that have no financial issues will go on their merry way and continue what they’re doing,” Meekhof said.

But the changes led some lawmakers to withdraw their support.

“Really what I cared about was making sure retirees and active employees too that are promised a benefit actually get paid itm" said state Rep. Thomas Albert, R-Lowell. "I just don’t have a lot of confidence in the current bills will actually achieve that goal.”

The bills would require the state Treasury to examine local retirement funds. Local governments that are under-funded would have to come up with a plan to fix that.

Copyright 2017 Michigan Radio

Rick Pluta is Senior Capitol Correspondent for the Michigan Public Radio Network. He has been covering Michigan’s Capitol, government, and politics since 1987. His journalism background includes stints with UPI, The Elizabeth (NJ) Daily Journal, The (Pontiac, MI) Oakland Press, and WJR. He is also a lifelong public radio listener.
Before becoming the newest Capitol reporter for the Michigan Public Radio Network, Cheyna Roth was an attorney. She spent her days fighting it out in court as an assistant prosecuting attorney for Ionia County. Eventually, Cheyna took her investigative and interview skills and moved on to journalism. She got her masters at Michigan State University and was a documentary filmmaker, podcaster, and freelance writer before finding her home with NPR. Very soon after joining MPRN, Cheyna started covering the 2016 presidential election, chasing after Donald Trump, Hillary Clinton, and all their surrogates as they duked it out for Michigan. Cheyna also focuses on the Legislature and criminal justice issues for MPRN. Cheyna is obsessively curious, a passionate storyteller, and an occasional backpacker. Follow her on Twitter at @Cheyna_R