Detroit Emergency Manager Freezing PensionsDetroit is steering thousands of city workers into 401(k)-style retirement accounts and freezing their accrued pension benefits.
Stakes Now Even Higher For Detroit Retirees "Do I need to sell my house? Can I afford to live in a nursing home?"
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.
Union, Retirees Argue Against Detroit BankruptcyLawyers for city unions and retirees are presenting reasons why Detroit's historic bankruptcy request should be denied.
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.
Pontiac Retirees Could Lose Benefits Under Deficit Elimination PlanRoughly 1,200 city of Pontiac retirees are at risk of losing their healthcare benefits -- as a funding tug-of-war continues.
Study: Cities Have $12.7B In Retiree Health CostsMichigan 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.
Opinion: Ryan VP Pick Changes Electoral MathPaul 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.
Survey: Retirement May Be Thing Of The PastA 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. Snyder Signs Bills Affecting State WorkersGov. 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.
No More '13th Check' For Detroit RetireesCity of Detroit retirees will no longer receive an end of the year bonus check to account for the rising cost of living.