Thursday, June 20, 2013

Latest local news, weather and high school sports for Northern Michigan

School Retirement Talks
Posted: 05.04.2010 at 9:48 AM
0
Photo

LANSING (AP) -- Michigan lawmakers still are searching for a compromise on proposals that might entice thousands of public school employees to retire this summer.

Negotiators from the Republican-led Senate and Democrat-led House were continuing their search for a deal Tuesday. A formal conference committee on the legislation was recessed but discussions continued behind the scenes.

Lawmakers were hoping to have a deal done last week but they haven't agreed on how sweet pension incentives should be for school employees who decide to retire.

Employees who stay on the job would have to contribute 3 percent of their salaries to retirement plans but lawmakers haven't agreed if that money should go to pensions or retiree health care.

(Copyright ©2010 by The Associated Press. All Rights Reserved.)

Popular Stories
Thumbnail
Restaurant damaged by fire
Roxanne Werly  |  Yesterday at 10:15 AM  |  5 comments
Thumbnail
Case closed on human skull fragment found in Mason Co.
Meghan Morelli  |  Yesterday at 11:12 AM
Thumbnail
Legal review finds deputy who shot and killed CMU abductor acted in self defense
Anne Cook  |  Yesterday at 11:28 AM  |  3 comments
Follow Up North Live
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
ADVERTISEMENT