http://michiganradio.org en http://michiganradio.org/post/mergers-and-acquisitions <p>There&rsquo;s been a lot of wailing and gnashing of teeth statewide over the new proposals the governor outlined in Grand Rapids yesterday, the ones especially that will affect local governments.</p><p>He proposes to hold back one-third of the revenue sharing money communities get from the state, and release it only if cities, villages and townships adopt certain reforms. Those would include putting all new hires on a pension plan based on what they and their employer put in, a so-called &ldquo;defined contribution plan.&rdquo;</p> Tue, 22 Mar 2011 19:03:23 +0000 Jack Lessenberry 1749 at http://michiganradio.org Mergers and Acquisitions