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Pension Funds

Gov. Rick Snyder speaks about the passage of the Grand Bargain. (Credit/Michigan Gov)

Michigan Senate Approves ‘Grand Bargain’ Legislation

Michigan’s Senate has approved spending $195 million to help shore up Detroit’s pension funds, a key legislative step in a deal designed to end the largest public bankruptcy in U.S. history.

WWJ Newsradio 950–06/03/2014