Our unfunded liability for Michigan’s defined benefit pension system, which again it is important to note was closed to new hires in 1997, went from zero to over $6.5 billion as of today.
How did that happen?
The State Officers Compensation Commission is considering today if your Michigan elected official’s deserve a pay raise.
Do you believe it is time we give them an increase in their salary?
The Detroit Free Press is reporting that the 7 body member who are appointed by the governor and charge with recommending pays levels for the following: