Kevyn Orr has ordered a fraud and corruption investigation into the police and fire pension fund and general employee pension fund.
Emergency Manager Kevyn Orr is reportedly prepared to take Detroit into federal bankruptcy court if the city’s 30,000 employees and retirees refuse the reduced payouts.
Wayne County Circuit Court Judge Maria Oxholm ruled that Mullin doesn’t qualify for the benefits because she did not work for Wayne County for eight years.
Four trustees of Detroit’s two reportedly underfunded public pension funds are expected to travel this weekend to a Hawaiian resort for a conference, with the $22,000 tab paid for by the funds.
The Detroit-area daughter of an ex-Chicago Bears player has been sentenced to six months in a halfway house for collecting about $70,000 from an NFL retirement fund after her dad died.
Prosecutors are recommending no prison time for an Oakland County woman who forged her late father’s signature and collected about $70,000 from an NFL pension plan.
Michigan cities and townships that provide health care for retired public workers face nearly $13 billion in unfunded costs, with half setting aside no money to cope with a bill gobbling up more of their budgets.
A County Sheriff’s attorney says her plan to resolve tens of thousands of dollars in payments mistakenly made to his retirement account doesn’t involve giving back any money.
The proportion of working Americans with pensions of any kind has steadily decreased since 2001, according to a University of Michigan analysis that suggests trouble ahead for U.S. seniors.
A Detroit-area woman has pleaded guilty to fraud after illegally collecting money from an NFL pension plan years after her father’s death.