Detroit residents gearing up to derail Detroit's bankruptcy


Detroit residents gearing up to derail Detroit's bankruptcy
 

When Olivia Gillon retired from the City of Detroit after working 33 years as a clerk, she was counting on her pension to help her live comfortably. She and her husband have built a lifestyle that relies on the money the city pension system invested on her behalf.
“My finances depend on my past employer's promise of a lifetime pension after 30 years or more of service,” said Gillon, who lives in Livonia. “I have made obligations and entered into agreements with financial institutions based on that promise.”
That promise is what Gillon and dozens of others plan to protect Thursday.
Gillon,... read more

 
18 September 2013 in Regional, Views: 9
 


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