Legislature falls short on giving counties the tools they need to address retirement funding, MAC says

Steve Currie

Steve Currie

The Legislature’s decision to focus bills to adopt the recommendations of Gov. Rick Snyder’s task force on the pension-OPEB crisis leaves Michigan’s 83 counties without adequate new tools they need to address funding of retirement benefits, MAC’s executive director said. Stephan W. Currie, who has served on both of Snyder’s task forces on this issue, said in response to the Legislature’s actions early Thursday morning, “We still need a variety of new tools to address commitments.” “Adoption of the task force recommendations” Currie added, “is a bare minimum effort on collecting data on the problem. The other side of the coin here is, of course, revenue. Heading into Wednesday, we saw good prospects on separate, but related, legislation that would have created a secure fund for county revenue sharing and set a schedule for increased payments. Those advances now appear to be stuck.” MAC supported the task force recommendations and, thus, supports the new versions of the bills, but Currie said that most of the work remains unfinished. “This fell far short of the mark,” he said. “But we will continue to work with our members and the state to, first, collect the best data on the problem and convince state lawmakers of the need to equip county governments with the tools and revenue they need to handle these benefits.”

Tags: Currie, MAC, OPEB, retirement

micounties

micounties

This information box about the author only appears if the author has biographical information. Otherwise there is not author box shown. Follow YOOtheme on Twitter or read the blog.
  • CoPro Web Ad 2018
  • Enbridge Banner Ad 2018
  • NACo Live Healthy Ad 960x200px
  • Nationwide Ad For Mac Site
  • Gallagher Banner Ad 2023
  • Rehmann Ad