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retirees

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

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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

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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

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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

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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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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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Gov. Snyder Signs Bills Affecting State Workers

Gov. Rick Snyder has signed two bills that will affect some state workers’ retiree health care benefits and reduce the future amount the state needs to fund by $5.6 billion.

WWJ Newsradio 950–12/15/2011

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