LANSING, Mich. (AP) – Gov. Rick Snyder is asking a task force to recommend changes to address $14 billion in unfunded liabilities in municipal pension and retiree health care plans.

The Republican governor formed the 23-member group Monday.

He wants recommendations this spring from the panel that includes leaders from local governments, labor unions and the business community. Lawmakers and top Snyder aides also will serve on the task force.

Legislation that would have curbed retiree health benefits stalled in the GOP-led Legislature late last year, when Snyder questioned quick passage in the “lame-duck” session. But the issue remains a priority for him. He had formed an informal work group to study unfunded liabilities earlier in 2016.

Michigan has 334 local governments that provide retiree health care, a defined-benefit pension plan or both.

© Copyright 2017 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.

Comments

Leave a Reply

Please log in using one of these methods to post your comment:

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More From CBS Detroit

Best Places To See Indie Rock In DetroitIt's called Detroit Rock City for a reason.
Guide: Best Barbecue In Metro DetroitSometimes, nothing hits the spot like good barbecue.

Watch & Listen LIVE