retiree benefits

Gavel
s_falkow / flickr creative commons

Michigan teachers and school employees celebrated a major victory over the state Wednesday.

Michigan Public Radio’s Cheyna Roth explains the Michigan Supreme Court announced the state has to give back 550 million dollars to school employees.  

Cash
WKAR File Photo

Bills designed to get a handle on municipalities' underfunded employee retirement benefits are going to Gov. Rick Snyder's desk for his expected signature.

Republican-led legislative committees quickly approved bills Tuesday that would force local governments to boost their funding of employee retirement plans over time, an effort supporters say is necessary to prevent financial chaos down the road.

Capitol building
File Photo / WKAR-MSU

Hundreds of police and firefighters have rallied at Michigan's Capitol in a show of force against pending legislation they fear could lead to cuts in retiree benefits.