Search
 

Mich. gov't plans 4 furlough days, lost positions

Michigan Gov. Rick Snyder's administration said Wednesday it plans to save the state money by requiring unionized state workers to take at least four unpaid furlough days off and by introducing legislation requiring them to contribute to their defined benefit retirement plans if they want to keep them.

By Kathy Barks Hoffman | Updated on September 29, 2011

LANSING, Mich. (AP) — Michigan Gov. Rick Snyder’s administration said Wednesday it plans to save the state money by requiring unionized state workers to take at least four unpaid furlough days off and by introducing legislation requiring them to contribute to their defined benefit retirement plans if they want to keep them.

It also plans to close one prison and look into privatizing another, cut 367 vacant positions and refinance debts issued by the State Building Authority.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2024 ALM Global, LLC. All Rights Reserved.