Business

Deadline approaches for bankruptcy plan vote

By Corey Williams
Published July 6, 2014 3:03pm ET
Add Washington Examiner on Google
Deadline approaches for bankruptcy plan vote
DETROIT (AP) — The most anticipated vote in Detroit this summer isn’t for a city office. Instead, ballots due by Friday from city retirees could determine how quickly Detroit exits its historic bankruptcy and how much of the financial weight pensioners will bear. Non-uniformed retirees are being asked to take a 4.5 percent pension cut […]

DETROIT (AP) — The most anticipated vote in Detroit this summer isn’t for a city office.

Instead, ballots due by Friday from city retirees could determine how quickly Detroit exits its historic bankruptcy and how much of the financial weight pensioners will bear.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.

Tag:

Budgets and Deficits Detroit Detroit Bankruptcy Entitlements Michigan