Saturday, October 05, 2013

Judge enables fiscal madness to continue-Detroit pension funds' 13th check OK'd by judge, but retirees shouldn't count the money yet

Detroit pension funds' 13th check OK'd by judge, but retirees shouldn't count the money yet | Detroit Free Press | freep.com:
"The extra benefits are cited as contributing to Detroit’s bankruptcy filing and to Orr’s contention that the two pensions are underfunded by $3.5 billion."

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