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Detroit bankruptcy

(Credit: Bill Pugliano/Getty Images)

Critical Pension Deal Put Before Detroit Employees

While there are many moving parts to the restructuring, the pension agreement is viewed as a centerpiece.

WWJ Newsradio 950–05/12/2014

Michigan Gov. Rick Snyder (left) and Detroit's emergency manager Kevin Orr (right) discuss Detroit's bankruptcy filing at a news conference July 19, 2013 in Detroit. (Credit: Bill Pugliano/Getty Images)

This Week Key To Detroit Bankruptcy; Retirees To Vote, Orr To Plead For Money In Lansing

In all, 67,000 pensioners will decide if they agree with the four-and-a-half percent cut that the city says is necessary to move forward to solvency.

CBS Detroit–05/12/2014

(credit: Bill Pugliano/Getty Images)

Bills Propose $195 Million Payment To Detroit From State’s Savings Account

Lawmakers introduced legislation late Thursday to use about $195 million from Michigan’s savings account to help bankrupt Detroit.

WWJ Newsradio 950–05/09/2014

(credit: istock)

Bills Pending Propose $195M State Lump Sum Payment To Detroit

“Kevyn Orr is in the governor’s office right now, calling in individual lawmakers, trying to explain why they need to vote yes,”

WWJ Newsradio 950–05/08/2014

(WWJ Photo/Kasey Stoddart)

Poll: 66 Percent Of Michigan Voters Say ‘Let’s Fix Detroit’

Two-thirds say it’s OK for Michigan to use $350 million in state money to help retirees.

WWJ Newsradio 950–05/08/2014

(credit: istock)

Detroit Expecting $195M Lump Sum From Michigan

The details were in Detroit’s latest strategy plan filed Monday.

WWJ Newsradio 950–05/05/2014

(credit: Beth Fisher/WWJ)

May Day Celebration In Detroit Brings Pension Cut Protesters

Chants of “they owe us” broke out, followed by rousing choruses of “Make them pay.”

CBS Detroit–05/01/2014

(credit: Pat Sweeting/WWJ)

Should Detroit Eliminate Future Pensions?

“In the 14 years I was deputy county executive in Wayne County, we had 100 percent defined contributions, in my nine years as the CEO of the Detroit Medical Center, we had 100 percent defined contributions,” Mayor Mike Duggan said.

CBS Detroit–04/29/2014

(credit: Marisa Fusinski/WWJ)

Detroit Emergency Manager Meets With Lawmakers On Detroit Bankruptcy

Kevyn Orr is in Lansing updating lawmakers on the city’s bankruptcy as they consider a potential vote on a financial bailout to help Detroit emerge from insolvency.

WWJ Newsradio 950–04/29/2014

Downtown Detroit, looking south on Woodward Avenue. (Credit: Bill Pugliano/Getty Images)

Detroit Reaches Deal With City’s Largest Union

In a statement, the mediators say the terms are “fair and balanced” and provide security for workers and economic feasibility for Detroit.

WWJ Newsradio 950–04/28/2014