UPDATE 2-Bankrupt Detroit reaches first deal with retirees group - R...
04/15/14
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UPDATE 2-Bankrupt Detroit reaches first deal with retirees group
Reuters
Under the deal with the Retired Detroit Police and Fire Fighters Association announced by U.S. Bankruptcy Court mediators on Tuesday, pensions for retired police and fire workers would not be decreased, but cost-of-living increases would be cut in half.
Full police, fire pensions in Detroit's bankruptcy?WDIV Detroit
Retired police, firefighters reach deal with DetroitUSA TODAY
No pension cuts in deal reached with Detroit fire, police retireesDetroit Free Press
[more]
Reuters
Under the deal with the Retired Detroit Police and Fire Fighters Association announced by U.S. Bankruptcy Court mediators on Tuesday, pensions for retired police and fire workers would not be decreased, but cost-of-living increases would be cut in half.
Full police, fire pensions in Detroit's bankruptcy?WDIV Detroit
Retired police, firefighters reach deal with DetroitUSA TODAY
No pension cuts in deal reached with Detroit fire, police retireesDetroit Free Press