Detroit News Special Report….

on the pension problem that Michigan has. The report says that the pension program is riddled with loopholes and crappy policies.

The article says Michigan is the only state in the USA that puts the burden of funding of pensions and health care on the schools itself. The bill per student this year is 1,015 bucks per student which comes to 17.74% of school district payroll. By 2020 it is supposed to grow to 30% of school district payroll.

Taxpayers whip out 2 million a year for some retired people that get lifetime health care.

The article includes graphics, audio, and a great interactive tool that showcases the rising costs of pensions for every school district.

This special report only showcases more reasons why the whole educational system in the state is in shambles. A massive, not cheap overhaul is going to have to take place.