Legislative efforts to advance tax relief for Michigan retirees are being closely watched by former public school personnel who have been calling for a return of the pension tax exemption for more than 10 years.
“We appreciate the bipartisan interest of the Michigan House, Senate and Whitmer Administration in providing tax relief for public school retirees,” says Royce Humm, executive director of Michigan Association of Retired School Personnel (MARSP). “The unexpected tax increases forced on them in 2011 helped balance the state budget. Now, during a time of record state revenue, we look forward to working with anyone willing to help as the legislative process moves forward.”
During leaner budget times a decade ago, state policymakers eliminated long standing income tax exemptions on retirement income in order to balance state books. Public Act 38 of 2011 significantly increased taxes on retirees and helped boost the state’s budget by hundreds of millions of dollars.
MARSP is a statewide association of more than 35,000 public school retirees who rely on state provided pensions and health care.