MPSERS

Richardville supports closing school pension plan to new hires

Senate Majority Leader Randy Richardville said Wednesday he supports moving all newly hired public school employees into a 401(k)-style retirement plan and closing the pension and health care plan. “Tell the Mackinac Center that, OK?” Richardville quipped to reporters, referencing the Midland-based free market think-tank that has called for ending the traditional defined benefits of … Continue Reading →