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Pensioners’ deal terms prevent lawsuits over EM law, constitutional pension protections | Next Chapter Detroit - Detroit Bankruptcy News

Pensioners’ deal terms prevent lawsuits over EM law, constitutional pension protections

April 18th, 2014

Unions and retirees groups would agree to halt their existing — and not pursue future — litigation related to Michigan laws regarding emergency managers and public pensions protections under a deal reached this week in the Detroit bankruptcy case. 711 more words

Bankruptcy

Detroit pension cuts hit civilian workers hardest

Detroit pension cuts hit civilian workers hardest

By Melanie Hicken  @melhicken April 17, 2014: 11:33 AM ET

Retired Detroit worker Donald Smith, 69, is facing a 4.5% cut to his pension benefits. 521 more words

Bankruptcy

Mich. House Speaker: Unions Need To Pay Part Of Bankruptcy Settlement

DETROIT (WWJ) – Michigan House Speaker Jase Bolger released a statement Friday saying that Detroit employee unions should contribute to the city’s bankruptcy settlement plan if they expect $350 million from the Michigan Legislature to minimize pension cuts. 426 more words

News

Editorial: A better deal for Detroit pensioners — but is it good enough? | Detroit Free Press | freep.com

Editorial: A better deal for Detroit pensioners – but is it good enough?

April 10, 2014

File- This Oct. 3, 2013, file photo shows Detroit Emergency Manager Kevyn Orr gesturing during an interview at the Detroit Economic Club luncheon in Detroit. 659 more words

Bankruptcy

Retirees: Show us pension deal | The Detroit News

The below letter, from several groups that will be impacted by the city’s bankruptcy plan as it relates to pensions and health care costs, was published in the Detroit News: 666 more words

Bankruptcy

"Punish Them At The Polls": Michigan’s Sweeping “Rape Insurance” Law Goes Into Effect

A new Michigan law forcing individuals or businesses to purchase costly additional insurance to cover abortion care went into effect Thursday.

The law applies to private health plans in the state, including plans secured through the state health exchange and employer plans. 292 more words

Republicans