MSU report: Michigan municipalities face $13B bill for retiree benefits (and crisis is going to get worse)

MSU report: Michigan municipalities face $13B bill for retiree benefits (and crisis is going to get worse) | MLive.com:
"I think as a state, for our local governments, this is the biggest long-term financial challenge we have right now," lead author Eric Scorsone said this morning after testifying before the House Financial Liability Committee, suggesting that the unfunded liabilities are already causing financial stress in communities across the state."