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.
City of Detroit retirees will no longer receive an end of the year bonus check to account for the rising cost of living.
Paycuts, new taxes and retiree concessions are all part of Detroit Mayor Dave Bing’s plan to avoid an Emergency Manager takeover.
Two Michigan retirees have filed a wave of federal lawsuits challenging the ATM fees that banks charge to non-customers.
A reprieve for retired state workers as the court says ‘no’ to forcing state retirees to pay three percent toward their health care costs.
Governor Snyder’s reported proposal to raise revenue by taxing private pensions is not going over very well with retirees.
It’s not good news for Seniors. More than 58 million retirees and disabled Americans will get no increase in Social Security benefits next year, the second year in a row without a raise.
It’s been a long time since General Motors stock could be purchased, but the company has announced an initial public offering next month.
More than 40 more Michigan employers and unions will get help providing health coverage to early retirees and their families.
Lawmakers in the Michigan Legislature have approved a retirement incentive plan for state employees.