LANSING (WHTC) - A revised version of the bill reforming the Michigan Public School Employees Retirement System is headed back to the state Senate for concurrence after being approved in the House today. Supporters say the bill, which passed largely along party lines, will eliminate almost $16 billion in long-term pension and health care costs for the state’s public schools, and allow districts to put more money into classrooms. Officials say the school employee retirement system has debts totaling more than $45 million, and the system could go insolvent within 10 years if no action is taken. Representatives Joe Haveman of Holland and Amanda Price of Park Township voted in favor of the measure.