Teaching Profession News in Brief

Mich. Senate Seeks to Stop Pensions for New Teachers

By The Associated Press — December 13, 2016 1 min read
  • Save to favorites
  • Print

A Michigan Senate committee narrowly voted last week to close the pension system to new teachers and other school employees and to instead offer them only a 401(k)-style retirement plan, despite objections from Gov. Rick Snyder.

The switch in plans, which would be similar to one made for newly hired state employees nearly 20 years ago, is favored by many Republican lawmakers as a way to address the $26.7 billion in unfunded pension liabilities facing the Public School Retirees Retirement System. That does not include another $9.3 billion in unfunded retiree health-care liabilities.

Democrats fiercely oppose the legislation and are hoping it does not gain traction in the GOP-led House or with the Republican governor, who said last week that the current hybrid system is “working.”

The full Senate shelved the measure this month until its next session.

The move would affect all school employees hired on or after July 1, 2017. Michigan would join Alaska as the only state to have closed the pension system to both newly hired school and state workers.

Related Tags:

A version of this article appeared in the December 14, 2016 edition of Education Week as Mich. Senate Seeks to Stop Pensions for New Teachers


This content is provided by our sponsor. It is not written by and does not necessarily reflect the views of Education Week's editorial staff.
Student Well-Being Webinar
Attend to the Whole Child: Non-Academic Factors within MTSS
Learn strategies for proactively identifying and addressing non-academic barriers to student success within an MTSS framework.
Content provided by Renaissance
Classroom Technology K-12 Essentials Forum How to Teach Digital & Media Literacy in the Age of AI
Join this free event to dig into crucial questions about how to help students build a foundation of digital literacy.

EdWeek Top School Jobs

Teacher Jobs
Search over ten thousand teaching jobs nationwide — elementary, middle, high school and more.
View Jobs
Principal Jobs
Find hundreds of jobs for principals, assistant principals, and other school leadership roles.
View Jobs
Administrator Jobs
Over a thousand district-level jobs: superintendents, directors, more.
View Jobs
Support Staff Jobs
Search thousands of jobs, from paraprofessionals to counselors and more.
View Jobs

Read Next

Teaching Profession Teachers' Favorite Reads This Summer
Teachers shared some of their summer book selections, with a wide variety of subject matter and genres.
2 min read
Woman reading book in hammock
Liz Yap/Education Week and iStock/Getty
Teaching Profession The Truth About Teachers' Summers
Teachers endure many misperceptions about their jobs. Perhaps the most egregious has to do with their summer break.
5 min read
Orange sandals by a pool.
Teaching Profession In Their Own Words How This 'Goofy Science Teacher' Made It to the U.S. Open in Golf
High school science teacher and golf coach Colin Prater just played in one of the world's most prestigious golf tournaments.
6 min read
Colin Prater hits his tee shot on the 10th hole during a practice round for the U.S. Open golf tournament on June 12, 2024, in Pinehurst, N.C.
Colin Prater hits his tee shot on the 10th hole during a practice round for the U.S. Open golf tournament on June 12, 2024, in Pinehurst, N.C.
Frank Franklin II/AP
Teaching Profession Teachers: Start Your School Supplies Shopping Now With These Discounts
As teachers start back-to-school shopping, Education Week compiled a list of educator discounts that can reduce costs.
3 min read
Photo of school supplies.