News

May 19, 2017

Trump’s budget calls for hits on federal employee retirement security

Washington, DC – According to the Washington Post, the budget proposal that President Trump is scheduled to release on Tuesday would undermine the retirement security of federal employees. The proposed budget would require federal employees to pay more out-of-pocket for their retirement benefits, while also diminishing their overall retirement benefits.

April 25, 2017

Don’t Fall for Mackinac Center’s Window Dressing

Recently, the Mackinac Center for Public Policy — a right-wing think tank funded heavily by the Koch brothers — penned an article attacking the Michigan Office of Retirement Services (ORS) for recent accounting errors. While the errors were real, the alleged inability of the agency to ably handle Michigan’s state-run pension systems was greatly overblown. The Mackinac Center’s goal on this issue is not to create clear public policy. In fact, it is to create a smokescreen so that billions of dollars can be stolen from hard-working Michigan citizens and handed over to their corporate funders.

April 20, 2017

Alternative Fact: Americans Have Great Retirement Security

Washington today is divided. One could say that many of our states are divided as well. With so many marquee issues on the line over the next few years — tax reform, healthcare, Social Security, Medicare — there is one topic both parties can agree on: Americans are not fully prepared for retirement.

April 11, 2017

Public Pensions Matter — Just Ask Michigan And West Virginia

If you want a good history lesson, look no further than the Rust Belt. Beyond the relics of America’s industries are hardworking Americans serving as living reminders of the devastating consequences of what happens when cities and states close a public pension plan. In West Virginia and Michigan in particular, you’ll find two narratives about why pensions matter, especially in today’s economy.