retirees

(credit: istock)

Detroit Retirees Sound Off To State Committee On City’s Grand Bargain

Members of the public testify at a committee hearing in Lansing over Detroit’s “Grand Bargain” and the state’s possible $195-million contribution to the city’s bankruptcy plan.

WWJ Newsradio 950–05/15/2014

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

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

(credit: Pat Sweeting/WWJ)

Unions React To Detroit Bankruptcy Ruling: “This Is A Very Scary Day”

AFSCME attorney Sharon Levine says a notice of appeal has already been filed in the case.

WWJ Newsradio 950–12/03/2013

Outside Federal Court in Detroit (credit: Stephanie Davis/WWJ, File)

Union, Retirees Argue Against Detroit Bankruptcy

Lawyers for city unions and retirees are presenting reasons why Detroit’s historic bankruptcy request should be denied.

WWJ Newsradio 950–10/15/2013

iStockphoto

Union Attorney: Pensions In Jeopardy After Detroit Bankruptcy Filing

“I think it’s despicable… and I think every Detroit resident will also find that this action is despicable,” said Richard Mack, Jr., an attorney for AFSCME Council 25.

WWJ Newsradio 950–07/19/2013

istockphoto

Pontiac Retirees Could Lose Benefits Under Deficit Elimination Plan

Roughly 1,200 city of Pontiac retirees are at risk of losing their healthcare benefits — as a funding tug-of-war continues.

WWJ Newsradio 950–04/29/2013

Study: Cities Have $12.7B In Retiree Health Costs

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.

WWJ Newsradio 950–03/16/2013

Mitt Romney and Paul Ryan (Photo by Darren Hauck/Getty Images)

Opinion: Ryan VP Pick Changes Electoral Math

Paul Ryan has changed the Electoral College math. With the pick, Romney has chosen a path that writes off almost all of the country and focuses the election on the industrial Midwest.

08/14/2012

iStockphoto

Survey: Retirement May Be Thing Of The Past

A new study shows 57 percent of workers age 60 plus surveyed said they would look for a new job after retiring from their current company, showing that retirement no longer means the end of one’s career.

WWJ Newsradio 950–02/18/2012

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