Detroit's Retirees Vote to Lower Pensions, in Support of Bankru...

07/22/14

Detroit's Retirees Vote to Lower Pensions, in Support of Bankruptcy Plan
New York Times
DETROIT — Coming to terms with what came to be seen as inevitable, this city's public-sector retirees have voted to lower their expected pension benefits, a crucial step in the city's plan to emerge from bankruptcy before the end of the year. The ...

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