The Michigan Legislature has given approval to a plan to overhaul the state’s teacher pension program. Republicans say the bill would help reduce the $29 billion debt in the current teacher pension system. Michigan News Network Lansing Bureau Chief Tim Skubick tells us many fear this change will discourage new hires.
“Current teachers will not have their current pensions hurt at all,” Skubick said. “It’s new incoming teachers it will impact, and some are saying some are going to choose another profession rather than go into teaching.”
Others say Michigan will be less attractive to teachers under the plan. The Republican-controlled House approved the bill 55 to 51.