Search for: "General Retirement System of the City of Detroit, The" Results 1 - 20 of 105
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27 Mar 2012, 3:54 pm by peweditor
The city’s two largest employers are the city government and the city’s public school system. [read post]
23 Jul 2013, 4:40 am by David DePaolo
I suspect, however, that the reporter of that story was confused about "compensation" and mixed up the city's actual workers' compensation program with its other retirement and benefit systems. [read post]
25 Jul 2013, 6:53 am by Joy Waltemath
” The average general city employee pension is less than $18,000 per year, according to the union. [read post]
24 Jul 2013, 8:06 pm by Jonathan H. Adler
As of June 30, 2012, the assets held in trust for Detroit’s general retirement system benefits were valued at $2.16 billion. [read post]
10 Apr 2014, 12:55 pm by Tom Bolt
Currently, the territory’s combined debt of $1.74 billion (composed of bond market debt and retirement system unfunded liability) works out to be $29,965 per resident—higher than that of Detroit. [read post]
6 Dec 2013, 6:21 am by Joy Waltemath
The court found that for the five years ended in FY 2012, the city’s pension payments exceeded contributions and investment income by about $1.7 billion for the general retirement system and $1.6 billion for the police and firemen system, resulting in liquidation of pension trust principals. [read post]
30 Nov 2018, 12:37 pm by Kevin Kaufman
In a 2011 report, Chicago Inspector General Joseph Ferguson noted that a commuter tax in Philadelphia resulted in job loss in the city, and the major cities that do levy a commuter tax (Philadelphia, Cleveland, and Detroit) are all characterized by population decline and economic stagnation. [read post]
13 Sep 2017, 5:00 am by Nassiri Law
The bankrupt city of Detroit made headlines in 2014 when it settled with its underfunded public pension fund, and drastically reduced benefits to thousands of former city employees. [read post]
29 Jul 2013, 9:58 am by LindaMBeale
Miller of New York, whose letter to the editor published July 24 argues that it's all the Detroit residents' fault: For years, the residents of Detroit elected officials who they knew were spending billions more than the city's revenues. [read post]
29 Apr 2009, 4:15 pm
  Its new owners included the General Retirement System of the City of Detroit and the Police and Fire Retirement System of the City of Detroit. [read post]
23 Jun 2011, 11:08 pm by Susan Mangiero
Following an arbitration, City of Detroit policemen will see smaller payouts. [read post]
13 Sep 2013, 11:13 am by Sheppard Mullin
Others have claimed that the collection should be sold to refrain Detroit’s retired employees from losing part of their pensions. [read post]
31 May 2022, 7:06 am by Michael Ehline
Carjacking Gone Rampant: Statistics for Democrat Run Cities The top 10 cities with the most overall violent crimes are all run by Democrats, including New York, Los Angeles, Chicago, Houston, Philadelphia, Memphis, Detroit, Dallas, Phoenix, and Baltimore. [read post]
10 Jan 2020, 4:11 pm by LindaMBeale
Government Accountability Office in August 2019 entitled Retirement Security: Income and Wealth Disparities Continue Through Old Age);  St. [read post]
1 Nov 2011, 3:14 pm by J. Gordon Hylton
 As the inventor of the farm system and the first baseball general manager to sign African-American players, his teams in St. [read post]
26 Nov 2019, 4:39 am by Jack Goldsmith
As they continued to talk, Mazzei heard Sheeran tell the two men that “he was not in Detroit when [Hoffa] disappeared” (emphasis added), as the FBI report on Mazzei’s “New York City Police Department observation report” states. [read post]
24 Dec 2021, 3:00 am by Jim Sedor
The panel said it was interested in the role Perry played in an unsuccessful attempt to install Jeffrey Clark as acting attorney general. [read post]