Topic - David Sole

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  • Detroit bankruptcy decision puts pensions at risk

    A judge has given Detroit the green light to cut pensions as a way out of the largest municipal bankruptcy in U.S. history, a decision that puts the case in the laps of thousands of retirees who had hoped that the Michigan Constitution would protect them from getting smaller checks in their golden years.

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  • Water department retiree David Sole, 65, said he'll vote no. He feels whipsawed, especially after the city had threatened to cut pensions as much as 34 percent before settling on 4.5 percent for retirees outside police and fire.

    Detroit still needs $350M from state lawmakers →

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