Lawmakers revise bills aimed at underfunded retiree plans

LANSING, Mich. (AP) — The Republican-led Legislature was poised to vote on legislation aimed at fixing underfunded municipal retirement plans, after deciding to abandon contentious proposals including state intervention in communities unwilling or unable to solve the problem.

New drafts of the bills were being written late Wednesday night after GOP Gov. Rick Snyder and legislative leaders ran into resistance from Democrats and rank-and-file Republicans. Police and firefighter unions had strongly opposed the measures as passed by legislative committees.

Snyder, who wants local governments to get a handle on billions of dollars of liabilities, said earlier: "This is an issue that doesn't get better with time.