Creditors face deadline in Detroit bankruptcy case - Fresno Bee
08/18/13
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Creditors face deadline in Detroit bankruptcy case
Fresno Bee
Bankruptcy filings show the pension systems are the top two unsecured creditors. The city has about 21,000 retired workers who are owed benefits, with underfunded obligations of about $3.5 billion for pensions and $5.7 billion for retiree health coverage.
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Fresno Bee
Bankruptcy filings show the pension systems are the top two unsecured creditors. The city has about 21,000 retired workers who are owed benefits, with underfunded obligations of about $3.5 billion for pensions and $5.7 billion for retiree health coverage.