Difficult Decisions Lie Ahead for Detroit City Pensions

12:33 pm
Sun March 2, 2014

Difficult Decisions Lie Ahead for Detroit City Pensions

Lead in text: 
Emergency Manager Kevyn Orr's restructuring plan includes large cuts in pension payments for retired city workers
A national debate has emerged in recent years over how to shore up government pension funds while at the same time not burdening today's workers and citizens with paying too much for past promises. Nobody claims fixing the problem will be easy. And nobody claims that fixing the problem won't hurt.