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Detroit retirees

(credit: istock)

Bond Insurers Vow To Fight Detroit Financial Plan

Companies that insure Detroit bonds and stand to lose millions repeated a pledge to aggressively challenge the city’s bankruptcy plan, a day after retirees endorsed pension cuts and qualified for a bailout led by the state.

WWJ Newsradio 950–07/22/2014

(Credit: Bill Pugliano/Getty Images)

Detroit Pension Fund Supports 4.5 Percent Cut For Non-Uniformed Retirees

Trustees meeting Wednesday supported a deal reached Tuesday between negotiators and the city of Detroit.

WWJ Newsradio 950–04/16/2014

iStockphoto

No Pension Cuts For Retired Detroit Police, Firefighters In Bankruptcy Agreement

Uniformed retirees would see no cuts to their pension benefits under an agreement between the city of Detroit and police and fire unions.

WWJ Newsradio 950–04/15/2014

Detroit Fire Department. (Credit: Kathryn Larson/WWJ Newsradio950)

Unions: Detroit Firefighters, Police Officers ‘Will Be Destitute’ Under Emergency Manager’s Plan

“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?”

WWJ Newsradio 950–04/10/2014

istockphoto

Detroit Retirees See Pension Cut Plan As Divisive

Creditors have until June 30 to vote on the plan, which — according to some — pits retirees against each other.

WWJ Newsradio 950–03/17/2014

Union: Detroit Restructuring Plan ‘A Gut Punch To City Workers And Retirees’

AFSCME Council 25 is reacting to the release of Kevyn Orr’s plan to dig Detroit out of debt.

WWJ Newsradio 950–02/21/2014

istockphoto

Health Insurance Deadline Looms For Detroit Retirees

The city will stop providing health insurance to retirees beginning March 1.

WWJ Newsradio 950–02/12/2014

Democrat Mark Schauer. (Credit/U.S. House of Representatives)

Former Michigan U.S. Congressman Says State Must Help Detroit Pensioners

Likely Democratic gubernatorial nominee Mark Schauer says the state must help the Detroit pension fund — because it’s required by the Constitution.

WWJ Newsradio 950–01/20/2014

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