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.
A former high-ranking Wayne County official has been rejected for a lucrative pension that would pay her at least $100,000 a year.
A 59-year-old former Michigan teacher who authorities say had a sexual relationship with a then-16-year-old student in 2010 is expected to keep getting his pension from the state.
New teachers in Michigan still would get hybrid pensions under changes made to a teacher benefits bill.
Hundreds of active and retired teachers and other school employees crowded into a Senate hearing Wednesday to voice concerns that proposed changes to their retirement benefits would unfairly push more costs onto them and even drive some out of education.
Legislation aimed at reining in retiree benefit costs for Michigan state workers was approved Thursday by the Republican-led House Appropriations Committee.
One of Michigan’s top Republicans in the 1990s is allowed to continue getting his $79,000 a year state pension regardless of the outcome of his trial on sex charges involving children.