Wednesday, Dec. 20, 2017
LANSING, Mich – Gov. Snyder today released the following statement after the Michigan Supreme Court issued an order finding Public Act 75 of 2010 unconstitutional:
“This law dates back to 2010, and I am pleased that taxpayers will have resolution. The funding has been held in escrow, so Michigan will continue to have a balanced budget. We will not need to raise new revenue or remove funding from other priorities to refund the money that was collected for retirement health care.”
Editor’s note: The Office of Retirement Services is diligently working on the process of refunds to school districts. Those details will be released as soon as they are available.