Big money at stake in Supreme Court case involving teachers

LANSING, Mich. (AP) — The Michigan Supreme Court is hearing arguments in a case that will determine whether more than $550 million will be returned to school employees who had money deducted for retiree health care.

Gov. Rick Snyder's administration wants to keep the money but so far has lost in lower courts. His office says the money is necessary for the long-term stability of health insurance benefits.