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

Events

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.
Sponsor
Law & Courts Webinar
Future of the First Amendment: Exploring Trends in High School Students’ Views of Free Speech
Learn how educators are navigating student free speech issues and addressing controversial topics like gender and race in the classroom.
Content provided by The John S. and James L. Knight Foundation
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.
Sponsor
Student Well-Being Webinar
Start Strong With Solid SEL Implementation: Success Strategies for the New School Year
Join Satchel Pulse to learn why implementing a solid SEL program at the beginning of the year will deliver maximum impact to your students.
Content provided by Satchel Pulse
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.
Sponsor
Science Webinar
Real-World Problem Solving: How Invention Education Drives Student Learning
Hear from student inventors and K-12 teachers about how invention education enhances learning, opens minds, and preps students for the future.
Content provided by The Lemelson Foundation

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 How Teachers Are Spending Their Summer Vacation
Swimming, hiking, and an occasional academic project are on the agenda.
1 min read
Lifeguards watch over children and their families as they enjoy the shallow end of the Woodson Family Aquatic Center on the opening day of the 2022 pool season Saturday, May 28, 2022 in Odessa, Texas.
Lifeguards watch over children and their families at the Woodson Family Aquatic Center as pool season opens in Odessa, Texas.
Eli Hartman/Odessa American via AP
Teaching Profession Letter to the Editor Can Educators Agree to Disagree Respectfully?
We must acknowledge that there are strong, defensible differences in perspectives about divisive topics, writes an educator.
1 min read
Illustration of an open laptop receiving an email.
iStock/Getty
Teaching Profession Q&A The First 5 Years in the Classroom Are Tough. This Teacher Has Ideas to Lessen the Burden
A middle school teacher talks about why educators need to share stories about their jobs—and find schools that reflect their values.
7 min read
Patrick Harris
Patrick Harris
Teaching Profession Teachers in Texas Shooting Died Trying to Shield Students, Their Families Say
Eva Mireles and Irma Garcia, both veteran teachers, co-taught a 4th grade class at their Uvalde, Texas, elementary school.
3 min read
Fourth grade co-teachers Irma Garcia, left, and Eva Mireles.
Fourth grade co-teachers Irma Garcia, left, and Eva Mireles, were killed in the school shooting in Uvalde, Texas, alongside 19 children.
Courtesy of Uvalde CISD