Judge Steven Rhodes wants a set of fresh, experienced eyes to offer opinions as Detroit tries to emerge from bankruptcy this year.
Trustees meeting Wednesday supported a deal reached Tuesday between negotiators and the city of Detroit.
Pressure is building for Michigan lawmakers to commit $350 million to Detroit pensions after the bankrupt city.
Uniformed retirees would see no cuts to their pension benefits under an agreement between the city of Detroit and police and fire unions.
A bankruptcy court filing from the city says negotiations have run their course.
The $85 million “swaps deal” is a key to Emergency Manager Kevyn Orr’s plan to restructure Detroit’s overwhelming debt.
“How are we going to be able to recruit firefighters and police officers. How are we going to be able to retain firefighters and police officers?”
It’s a significant agreement that could influence other creditors to try to get a settlement.
An aging airport in Detroit could again get passenger service if $28.5 million in funding is approved as part of the city’s bankruptcy plan, officials said.
Judge Steven Rhodes plans to hold hearings in July on Detroit’s overall plan to wrap up the largest public bankruptcy in U.S. history.