The Yale expositor. (Yale, St. Clair County, Mich.) 1894-current, 1915-02-04
LETTER FROM
STATE CAPITOL
BLUE SKY BILL is REPORTED
OUT WITH RECOGNIZE DA-
TON FOR PASSAGE.
ONE BUCK LAW IS PROPOSED
Teachers Retirement Act Is Presented
in the Senate-Pensions for
All Who Have Taught
Thirty Years.
10y Gurd M. Hayes. |

10y Gurd M. Hayes.
Lansing-During the brief session of
the senate Thursday afternoon the
committee on banks and corporations
reported out the blue sky law with the
recommendation that it be passed.
This is the bill approved by the at
torneys general of the United States
and will take the place of the meas
ure passed at the last session which
was declared unconstitutional by the
supreme court.
Senator Alton T. Roberts, of Mar
quette introduced an amendment to
the game laws limiting the number of
| deer a hunter may kill during the
deer season to one buck. The social
ed busk law was before the session
two years ago, but failed to pass.
1t has the approval of the state game
warden's department and is designed
to protect hunters as we'll as to pre-
vent to some extent the wholesale
slaughter of deer If Roberts bill is
passed it will be unlawful to Kill
buck whose horns do not show three
inches beyond the hair In support
of this bill Senator Roberts points
out that the buck law has practically
eliminated hunting accidents in other
states as a man will not fire at the
sound of a movement in the brush
! but will wait until he sights the horns
of the deer.
Senator Covert, of Pontiac, put in
a bill making an appropriation of
| $4,000 for the Michigan State Nor
NAL College for current expenses dur
ing the next two years and Senator
Verdier of Grand Rapids introduced
the so-called teachers retirement fund
bill.
Verdier's bill is drafted along the
| same lines as the measure which was
defeated two years ago. 1t provides
for the appointment of board of five
to be appointed by the governor, and
the chief executive and superinten-
dent of public instruction are made
members of the board Provision is
made for a secretary at a salary not
to exceed $500 per year.
All teachers except those under
contract, and they may come under
| the provisions of the bill, if they so
desire, are required to contribute to
the fund. Any teacher who has taught
five years or less in the public schools
is required to pay into the fund one
| half of one per cent OF the yearly sal
airy, but not more than 81 during one
| year. Teachers who have taught from
five TO fifteen years shall pay one
! per cent or not more than so and
one who has taught fifteen years or
more shall contribute two per cent, but
not more than 500.
teacher who has taught for a
! period Of thirty years, of which period
at least fifteen years, including the
last five years of service preceding the
application for retirement, shall have
been spent in the public schools of the
state, will be entitled if retiring after
December l, 1915, to an an
nuity pr an amount equal to one
hall the average annual salary re-
ceived during the last five years
However, the annuity shall not exceed
$500 or be less than $500. Provision
is also made for the payment of an
nuities by teachers having served fif-
teen and twenty-five years.
No teacher shall be entitled to an
annuity who has not contributed to
the retirement fund an amount equal
to at least one hundred per cent of his
or her annuity for one year
The provision which caused the de-
feat of the measure two years ago
and may prove a stumbling block this
time reads as follows: "Tn case the
amount of said fund, not including
the principal Of the permanent fund,
is at any time insufficient to carry
out the provisions of the act there
is hereby appropriated out of the gem
eral fund of the state treasury such
additional sums or sums as may be
necessary to pay the retirement an
nuities and expenses herein provided
for. The auditor general shall add to
and incorporate in the state tax for
the year 1915 and every year there.
after a sufficient amount to reimburse
the general fund for the amount ap-
propriated by this act"
While it has been contended by the
supporters of the bill that the state
would never be taxed to a great ex.
tent, opponents of the measure have
declared that il would eventually
prove a great burden. It is believed
that the bill would stand a better
chance of passage with the provision
for state aid stricken out, but IL is
quite possible that the legislature will
pass the bill as it stands with a refer.
endum clause attached and submit il
to the voters of the state for their ap-
proval or rejection.
Following the suggestion of Gov
ernor Woodbridge N. Ferris for a state
marketing commission Rep. Wells
Thursday introduced bill broadening
1