retirement

Judge Blocks Full Implementation Of Teacher Benefits Law

A judge has temporarily blocked full implementation of a new law requiring Michigan public school employees to pay more for their pensions.

WWJ Newsradio 950–2012/09/05

State Legislature Approves Changes For Teachers

Newly hired Michigan public school employees would pay more for their pensions and no longer receive state-provided health coverage in retirement under legislation now headed to Gov. Snyder’s desk.

2012/08/15

US Court Reinstates Lawsuit Over Flagstar Stock

Some current and former employees will get another chance to pursue a lawsuit against Flagstar Bank over company stock in their retirement accounts.

WWJ Newsradio 950–2012/07/24

State House OKs Changes For Public School Teachers

The Michigan House has approved legislation ending state-provided health care coverage in retirement for new teachers but not a provision forcing them into a 401(k)-style retirement plan.

WWJ Newsradio 950–2012/06/14

Gov. Snyder Has Mixed Success With New Budget

Michigan Gov. Rick Snyder got the extra police troopers and summer jobs programs for inner city youths he wanted in the new budget, but he failed to get lawmakers to tie education money to student performance or invest as much as he wanted in health initiatives.

WWJ Newsradio 950–2012/06/03

Retirement Plans After The Great Recession

New research by the University of Michigan shows that 40 percent of older Americans postponed retirement in the wake of the Great Recession.

WWJ Newsradio 950–2012/05/05

School Workers Object To Proposed Benefit Changes

Hundreds of active and retired teachers and other school employees crowded into a Senate hearing Wednesday to voice concerns that proposed changes to their retirement benefits would unfairly push more costs onto them and even drive some out of education.

WWJ Newsradio 950–2012/04/12