Gubernatorial candidate Mark Schauer says one of his plans if he - TopicsExpress



          

Gubernatorial candidate Mark Schauer says one of his plans if he is elected is to ensure the long-term solvency of the Michigan Public School Employees Retirement System (MPSERS). However, as a state senator in 2007, Schauer voted along with most other legislators specifically to underfund that system. House Bill 4766 balanced the budget by reducing the pension fund contribution — which is one of the reasons MPSERS today has an estimated unfunded liability of $24.3 billion. michigancapitolconfidential/20016
Posted on: Thu, 24 Apr 2014 12:22:30 +0000

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