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.
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.
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.
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.