Governor’s Early Retirement Bills on Hold
April 6, 2010
As part of Gov. Granholm’s budget plan, she proposed an early retirement proposal for teachers and state employees. It is estimated that the measure would save more than $300 million.
The Governor hopes to see the measures pass soon so that retirees and schools can plan accordingly for the upcoming year. A Senate committee reported their version of the legislation to the full Senate. However, the votes weren’t there to pass it, so no vote was taken.
Over in the House, testimony has been taken on the bills, but it has not yet moved out of committee.
The legislature adjourned for a two-week break and is not due back until next week. Gov. Granholm and legislative leaders have been discussing the measure over the break and hope to move something upon their return. We will keep you updated on the progress of the bills.