Detroit Bankruptcy Potential Precedent-Setter on Pensions
With a federal judge quashing legal challenges that could have held up the Detroit bankruptcy, the process rolls on.
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#1 Jul 25, 2013
Detroit retirees:$19,000.00 per year. That is reasonable.
Vallejo and other PERS retirees:$100,000.00 and more EACH AND EVERY YEAR.
What a difference a law makes.
Maybe we should be recruiting police from Detroit.
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