Podcasts

The inspiration for this package was the anxiety that people are telling us about back in our districts, anxiety people are feeling about the security that they're going to have in their golden years. And basically, that's what the pension is. It's providing a strong foundation for when you get to the end of your career, that you know you're going to be able to provide for your family, pay the rent, and pay the bills. But at its very heart, a pension is a promise. A promise from a company, to the workers, that if you pour your entire life into a company to ensure its success, you deserve to fulfill your dreams, of having a secure retirement. Businesses that make business decisions to zero out pension funds, and jeopardize the security of our workers don't deserve the economic incentives that are available through the State of Michigan namely the Michigan Economic Development Corporation or the MEDC. Companies that intentionally jeopardize pension will not get tax breaks, and they must return what they have received back to the state. During this time of scarce economic resources, we must ensure that we share them exclusively with companies who fulfill their promises to their workers and their pensions.