ELDERLY

Pension Grant Awards Sent to Locals

Sep 22, 2023

by Liz Gullett

As MLC’s Communications and Social Media Manager, Liz Gullett keeps clients informed and up-to-date on the goings on in Lansing and the Capitol.

It was announced this week that more than $553 million in Protecting MI Pension Grant awards are being sent to 123 Michigan communities. The funds aim to offset costs for local communities, keeping them from diverting funds from critical public services.

Key Points:

    • The Protecting MI Pension Grant Program was created to help underfunded municipal systems.
    • Under the FY 2022-2023 budget, the Department of Treasury was appropriated dollars to establish and operate a program for qualified retirement systems that were underfunded.
    • Under the program, eligible cities, villages, townships, counties, and road commissions were encouraged to review their retirement system funding and apply for a grant by mid-June.
    • Local units of government from every Michigan region received a grant award.

For more information on the program, including a list of grant award recipients, please visit Michigan.gov/MIPensionGrant.

Related posts:

  1. Legislature Votes to Enact Gun Reforms
  2. Looking Ahead to the Week of April 15 – 21, 2023
  3. Looking Ahead to the Week of April 22 – 28, 2023
  4. Looking Ahead to the Week of April 29 – May 5, 2023

Michigan Legislative Consultants is a bipartisan lobbying firm based in Lansing, Michigan. Our team of lobbyists and procurement specialists provide a wide range of services for some of the most respected companies in America. For more on MLC, visit www.mlcmi.com or connect with us on LinkedIn and Twitter.

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