123 Michigan Communities Get $553M in Pension Relief
More than $553 million in funding to underinvested pensions will flow to 120 Michigan communities. The Protect MI Pension grant program, a $750 million appropriation included in the fiscal year 2022-23 budget, allows local municipal units with pension plans funded below 60% as of December 2021 to receive state funds. --- Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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Show Notes
More than $553 million in funding to underinvested pensions will flow to 120 Michigan communities. The Protect MI Pension grant program, a $750 million appropriation included in the fiscal year 2022-23 budget, allows local municipal units with pension plans funded below 60% as of December 2021 to receive state funds.
Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
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