Tag Archives: Contract Rights

Detroit Bankruptcy – Pensions Aren’t Protected From Cuts

Retirees like Gwendolyn Beasley, 67 years old, who worked 34 years for Detroit as a library clerk has an annual pension of $13,085. Ms. Beasley’s pension could be decimated in the very near future. A judge declared Detroit eligible for … Continue reading

Posted in Bankruptcy, Contract Rights, Detroit Bankruptcy, Pension Funds | Tagged , , , | Leave a comment