Teachers and their retirement plans are being discussed in Lansing.
Right now, teachers can choose a “hybrid plan” which combines a traditional pension along with a tax deferred investment account, or teachers can choose a 401K type plan.
Republicans say any type of pension plans are unaffordable and all future teachers should be in a 401K type plan. Democrats say any changes will be costly and closing a pension system would make the profession less attractive for new teachers.
POLL QUESTION: What retirement plan should future Michigan teachers be offered?
– Keep the current choice of a combination traditional pension along with a tax deferred investment, or a 401K type plan
– Offer only a 401K type plan
– Not Sure
Click to Vote. You can also vote by Tapping the App (download from App Store and Google Play).
PREVIOUS POLL: If you had to vote today on legalizing marijuana in Michigan for recreational use, how would you vote?
Yes – 33%
No – 64%
I Don’t Know – 3%