Creditors file objections to Detroit bankruptcy - Las Vegas Sun
08/19/13
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Creditors file objections to Detroit bankruptcy
Las Vegas Sun
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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Las Vegas Sun
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.