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Top legislators and Snyder – inches from deal on MPSERS

theplatinuum401K.com

Top lawmakers in the state legislature have reached a tentative agreement with the governor about the state’s teacher retirement system. But some lawmakers are being left out of negotiations. 

Republicans leaders of the House and Senate have been focused on a plan to transform the teacher retirement system from the current 401k-pension hybrid plan, to a straight 401k plan. 

   But Democrats say they’ve been left out of the negotiations. House Minority Leader Sam Singh says he has not been invited to any meetings.

 

“Why wouldn’t you bring all the voices to the table? And it’s a shame that they’ve only decided to bring Republican voices at this point in time.”

  

Speaker of the House Tom Leonard says he’s willing to have bipartisan discussions, but says Democrats haven’t brought, quote, “real solutions.”