Tag: MPSERS

Patrick Anderson: Study Should Give Taxpayers Pause

AEG In the News

In response to MISD’s release of an AEG study regarding Michigan’s MPSERS pension debt, Patrick Anderson stated: “This important report should give any taxpayer pause,” noted Patrick L. Anderson, Principal and CEO of Anderson Economic Group, “adding nearly $10 billion to taxpayer debt would be a serious blow to our state’s economy, and immediately overwhelm […]

Reforming MPSERS: The impact of issuing pension obligation bonds and extending debt payments

AEG Press Releases, Community and Economic Development, Full Width, Pension and Benefits Analysis, Public Policy and Economic Analysis, Reports, Working Papers

Governor Gretchen Whitmer and leaders of the GOP-led Michigan House and Senate have recently considered proposals to postpone making required principal and interest payments on the unfunded accrued actuarial liability (UAAL) of the Michigan Public School Employee Retirement System (MPSERS). For all variations of this idea, the immediate results of such actions would be the […]