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Detroit Government Retirees Struggle to Keep Benefitsi
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April 17, 2013
Detroit, the largest city in Michigan, has a $327 million dollar budget deficit, and $14 billion dollars more in long-term debt. In March, Michigan Governor Rick Snyder appointed an emergency manager to oversee Detroit’s troubled finances, making it the largest city in the U.S. under state supervision. As VOA’s Kane Farabaugh reports, some difficult decisions about the city’s expenses need to be made to avoid bankruptcy, casting doubt over the future of public employee pensions and health care plans.

Detroit Government Retirees Struggle to Keep Benefits

Published April 17, 2013

Detroit, the largest city in Michigan, has a $327 million dollar budget deficit, and $14 billion dollars more in long-term debt. In March, Michigan Governor Rick Snyder appointed an emergency manager to oversee Detroit’s troubled finances, making it the largest city in the U.S. under state supervision. As VOA’s Kane Farabaugh reports, some difficult decisions about the city’s expenses need to be made to avoid bankruptcy, casting doubt over the future of public employee pensions and health care plans.


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