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Mackinac Center for Public Policy
Capitol Building

2011 Senate Bill 593: Place new school employees in 401(k)-type retirement plan
  1. Introduced by Sen. Rick Jones (R) on September 7, 2011, to close the “defined benefits” school pension system to new public school employees, and instead offer them a 401(k)-type “defined contribution” retirement plan.
    • Referred to the Senate Appropriations Committee on September 7, 2011.