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.
When General Motors rolls out its “new” public stock offering the automakers’ salaried retirees say they’ll be left out in the cold. And now there’s talk of a boycott.
A Delaware bankruptcy judge told auto parts supplier Visteon Corp. on Tuesday that it must restore health and life insurance benefits for more than 6,500 retirees.