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?
I have spoken about this on my show many times. We need to ask the teachers unions to stop protecting bad or severely underperforming teachers and praise and pay great teachers appropriately.
The State Officers Compensation Commission is considering today if your Michigan elected officials 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 Commission's seven members, who are appointed by the governor, are charged with recommending pay levels for the following:
Governor
Lieutenant governor
Attorney gener