pensions

By now you’ve heard a bit about Detroit’s Chapter 9 bankruptcy filing. About half of Detroit’s nearly $20 billion in debt is due to shortfalls in the…

Detroit’s bankruptcy is getting the headlines right now, but many governments in Michigan could be facing similar financial troubles in the future.…

Last week, Michigan Attorney General Bill Schuette did something many found startling, especially those politically liberal. Schuette announced that in…

Michigan Attorney General Bill Schuette says the state constitution protects Detroit pension benefits from being reduced or eliminated by the city’s…

Detroit’s bankruptcy could impact many people’s daily lives, perhaps the city’s retirees most of all. At a banquet hall in Livonia this week the Detroit…

Buena Vista and Inkster school districts to be dissolvedThe state is moving ahead to dissolve the Inkster and Buena Vista school districts. Both districts…

Hearing date set for challenge to gay marriage ban"A federal judge has set an October 1 hearing date for a challenge to Michigan’s ban on gay marriage and…

Detroit's pension systems vs. Kevyn OrrDetroit has two pension systems and both have posted fairly strong funding levels. But emergency manager Kevyn Orr…

Detroit Emergency Manager Kevyn Orr is turning his focus to the city’s pension system.This morning, Orr directed Detroit’s Inspector General and Auditor…

We didn’t have an early spring this year, but it looks like an early summer. I say that because while it is still technically spring, the authorities are…