retirees

(credit: Pat Sweeting/WWJ)

Retirees Split On How Detroit Bankruptcy Deal Affects Future

Part of the plan is to cut the pensions of general retirees by 4.5 percent, while some retirees say that they are worried that the city could fall into debt and file for bankruptcy again.

WWJ Newsradio 950–11/07/2014

(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

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