pensions

A couple looks at a painting at the Detroit Institute of Arts (DIA) on September 3, 2013. (Credit: Andrew Burton/Getty Images)

DIA To Raise $100M To Protect Pensions, Art In Bankrupt Detroit

“It’s important to note that the DIA is not in bankruptcy, in fact it is functioning extraordinarily well.”

WWJ Newsradio 950–01/29/2014

Kellogg Foundation To Help In Detroit Bankruptcy

The W.K. Kellogg Foundation is giving $40 million to prevent the sale of Detroit art and help city retirees.

WWJ Newsradio 950–01/28/2014

Mich. Gov. Rick Snyder (Credit: Bill Pugliano/Getty Images)

Gov. Snyder Plans To Aid Detroit Pensions, Save Art

“This is a settlement. This is not a bailout, and I want to be very, very clear about that,” the governor said.

WWJ Newsradio 950–01/22/2014

Cut To City Of Detroit Retiree Pensions Could Send Case To Supreme Court

A petition has been filed in the Court of Appeals against Judge Rhodes’ eligibility ruling.

WWJ Newsradio 950–01/14/2014

(Credit: Bill Pugliano/Getty Images)

Individual Donations Rolling In To Protect Detroit Pensions, Art

People as far away as the United Kingdom have come forward offering donations to the bankrupt city of Detroit.

WWJ Newsradio 950–01/14/2014

Detroit Emergency Manager Kevyn Orr (Credit: Bill Pugliano/Getty Images)

Detroit Emergency Manager Freezing Pensions

Detroit is steering thousands of city workers into 401(k)-style retirement accounts and freezing their accrued pension benefits.

WWJ Newsradio 950–01/06/2014

istockphoto

Detroit Proposal For $350 Million Loan Approved

A Michigan loan board has approved Detroit’s proposal for up to a $350 million loan from Barclays Capital to help pay off some pension debt.

WWJ Newsradio 950–12/20/2013

Judge Allows Appeal In Detroit Bankruptcy Case

A crucial decision that keeps Detroit in bankruptcy court and puts pensions at risk can immediately be appealed to a higher court, a judge said Monday.

WWJ Newsradio 950–12/16/2013

(credit: Pat Sweeting/WWJ)

Fearing Pension Cuts, Retirees Make Their Case In YouTube Video

“I’m 81 years old, and I need every penny that I can get, and that I do get.”

WWJ Newsradio 950–12/11/2013

istockphoto

Stakes Now Even Higher For Detroit Retirees

“Do I need to sell my house? Can I afford to live in a nursing home?”

WWJ Newsradio 950–12/04/2013

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