The Craig Fahle Show

EM Freezes Then Thaws Non-Uniform Pension Plans

January 7, 2014

Photo Courtesy of Detroit News Detroit Emergency Manager, Kevyn Orr, announced yesterday that he intended to freeze non-uniform pensions in the city effective Jan 1, in favor of a 401-K contribution style retirement plan. But by yesterday afternoon he rescinded the plan to allow time for mediation. Craig speaks with Detroit News Capitol Reporter, Chad Livengood about Orr's latest move.