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retiree health care

U.S. Treasury

Michigan says more than one-fifth of local governments have an underfunded pension plan, retirement health care plan or both.

The Treasury Department on Monday issued the results of an initial round of reporting required under the Protecting Local Government Retirement and Benefits Act.

steve carmody / Michigan Radio

Lansing’s mayor is not ruling out some “pain” as the city deals with a rising legacy costs.

Lansing Mayor Andy Schor sat down with his Financial Health Team for the first time today to discuss ways of dealing with the capitol city’s long-term liabilities.

Congressman John Conyers
The Henry Ford / http://j.mp/1SPGCl0

House Minority Leader Nancy Pelosi and other top Democrats are calling on Congressman John Conyers to resign over sexual harassment allegations. Pelosi called the accusations against Conyers "serious, disappointing and very credible." Conyers' attorney says the 88-year-old lawmaker might consider resigning if he can no longer effectively represent his constituents.  This Week in Review, Weekend Edition host Rebecca Kruth and senior news analyst Jack Lessenberry talk about what Conyers' next move might be.


Michigan Legislature
Michigan Municipal League

The state would evaluate retirement funds in every Michigan city, township, village, and county under a legislation rolled out today by Republicans in Lansing. Communities with under-funded liabilities would have to fix that, or a state-appointed financial management team would step 

House Speaker Tom Leonard says local governments would have a chance to reach a consent agreement to fund pensions and retiree healthcare. But the team could impose its own plan if no agreement is reached. He says that could include forcing a community to sell assets.

Thetoad / Flickr - http://j.mp/1SPGCl0

Police officers, fire fighters, and other municipal employees are planning what they are titling a “call to action” Tuesday at the state Capitol.

Lawmakers are holding a second hearing on a series of bills that would cut health benefits for municipal retirees like police officers and fire fighters. The bills would aggressively scale back retiree health benefits in cities with high unfunded liability costs. 

steve carmody / Michigan Radio

LANSING, Mich. (AP) - A push to curtail health care benefits for municipal retirees in Michigan is setting off a fight between those who say billions in debt can no longer be ignored and critics who contend it would cheat people out of coverage.

  The new Republican-sponsored plan could be enacted yet this year. It aims to address $11 billion in unfunded liabilities.

  Starting in May, newly hired municipal workers would no longer qualify for health insurance in retirement. Local governments could instead contribute to a tax-deferred account such as a health savings plan.

Steve Carmody / Michigan Radio

The Kalamazoo City Commission will consider selling bonds to help cover part of its retiree health care costs tonight. 

City officials are considering a proposal to sell nearly $91 million in bonds to cover part the city’s legacy health care costs.    

Steve Carmody/Michigan Radio

Flint leaders say a federal court decision is threatening the city’s ability to recover financially.

Last week, a federal appeals court upheld a lower court ruling preventing the city from implementing cuts to retiree health care.  The plan would make Medicare-eligible city retirees pay higher monthly premiums, co-pays and deductibles.  

But the retirees sued.

Flint city leaders were hoping to reap $8.5 million over two years from the retiree health care cuts.