pensions

Flint's city pension fund is getting a $170 million infusion from the state budget.

Nationwide, more than 20,000 Delphi pensioners and others lost as much as 70% of their vested benefits. That happened as part of the General Motors bankruptcy in 2009.

The governor called for repealing the state’s pension tax and increasing the earned income tax credit that helps low- and moderate-income workers. Meanwhile, republicans countered with a call for reducing income taxes for all individuals and corporations.

More than 100 local units of government in Michigan will be developing plans to ensure retirement benefits they promised employees and retirees are paid…

Lansing’s mayor is not ruling out some “pain” as the city deals with a rising legacy costs.Lansing Mayor Andy Schor sat down with his Financial Health…

The Legislature has sent Governor Rick Snyder a set of local retirement bills that passed by wide margins once they were stripped of controversial…

Last week, U.S. Rep. Sander Levin, D-Mich., confirmed that he will retire at the end of this term. On Wednesday, Andy Levin announced his bid to succeed…

Michigan’s Legislature does not like voters checking its work. Case in point: lawmakers are back to referendum-proofing controversial…

House Minority Leader Nancy Pelosi and other top Democrats are calling on Congressman John Conyers to resign over sexual harassment allegations. Pelosi…

The legislature is considering a package of bills that would give the state power to step in and manage a municipality’s budget if the local government…